The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Tradelite who wrote (4682)	8/26/2002 3:31:17 PM
From: bozwood	Read Replies (2) of 306849

This is your quote and the reason I made the post: "If the market price of your home should fall by 20-25 percent, but the next buyer has to pay higher interest to own it, that buyer won't come out much or any better than you, financially." I believe the next buyer is better off financially. You make assumptions all the time and if a person's home is an investment (as you claim) then NOT MAKING ASSUMPTIONS ABOUT A POTENTIAL INVESTMENT'S FUTURE APPRECIATION POTENTIAL OR VALUE is just gambling. Also, we are not talking about your type of business.

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