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: Jim McMannis who wrote (37274)	8/8/2005 3:57:53 PM
From: KM	Read Replies (1) of 306849

I've been trying to. And the house I showed you is an inner city house. Near downtown, where the yuppies buy. You get out a ways into the burbs and there is no way to hold value. Supply outstrips demand by a factor of 2 at least IMO. And now you understand why I think that Californians coming in here with no knowledge of the market or dynamics here are going to get their heads handed to them. The schlock builders are gonna keep building all the way to Oklahoma and in Dallas, new is better, no matter how far you have to drive.

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