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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Ramsey Su who wrote (12404)8/16/2003 10:52:22 PM
From: Amy JRead Replies (1) of 306849
 
Hi Ramsey, two of Lizzie's main point don't appear to be in conflict with your point. She basically said two things: the person should live there (rather than be real estate investors pumping up prices by reducing supply) and she also said people with $4M homes shouldn't pay less than those in $500k homes - i.e. adjust the proposition so those beyond a certain threshold should pay up (like in the Ellison range.) Not even a soul in Woodside would want to subsidize his taxes.

That doesn't conflict with your point at all.

Regards,
Amy J
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