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MMM (Offline)
JF Ossan
 
Posts: 12,200
Join Date: Jun 2007
10-26-2007, 11:47 PM

The construction industry basically lobbied the easily "influenced" government into charging people outrageous taxes for moving into used homes.

In the US 1 out of 5 purchases is of a brand new home.

In Japan 1 out of 6 purchases is of a used home.
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