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View Diary: New Study Finds Median Wealth of Black Women Is $5 (176 comments)

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  •  Actually if you *just* bought a house (1+ / 0-)
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    princss6

    you probably have more net worth than someone who bought a house four years ago, since you would have paid a deflated price and probably been required to actually put 20% down....so you'd have a house that's still worth probably 20% more than you owe on it...plus there's the $8,000 you get back from the government save-the-realtors stimulus program.

    "All governments lie, but disaster lies in wait for countries whose officials smoke the same hashish they give out." --I.F. Stone

    by Alice in Florida on Fri Mar 12, 2010 at 07:32:22 PM PST

    [ Parent ]

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