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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: J. P. who wrote (521)8/29/2001 4:11:41 PM
From: TradeliteRead Replies (3) of 306849
 
<<Knew you were gonna come back with that....>>

Uh oh, you left out something else, too. If the local real estate market crashes, and my home is only worth $500K instead of $800K......guess what???? I'VE LIVED IN IT FOR FREE FOR MORE THAN TWO DECADES.

And thanks for the compliment, this has nothing to do with "doing well for myself." This is what happens to the long-term homeowner, no matter who he is, as long as he invests in a decent piece of real estate in a good location.
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