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but in terms of direct ownership,
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homes are the main thing that people own.
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There's also commercial real estate,
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which is smaller than owner-occupied homes,
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www.YYeTs.net
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but we own that indirectly too, as a people,
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through the stocks that we own and
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through the institutions we participate in.
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It's very important and it has some important financial
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-there are a lot of financial institutions built around
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dealing with the fundamental problems of real estate.
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I want to talk first about institutions