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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: AC Flyer who wrote (26064)12/16/2004 3:59:49 PM
From: jrhanaRead Replies (2) of 306849
 
<Home prices are booming because of unprecedented housing demand from mid-to-late 40s boomers>

There is another factor in both areas where where I own property: The Old Cutler area of South Dade County in Florida and Washington D.C. (Georgetown). A cheap dollar has made properties in both areas attractive to foreign money.

I own both properties for well over 10 years; I do not know that I would buy, but I am not selling.
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