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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: John Vosilla who wrote (45639)12/11/2005 11:15:13 AM
From: Amelia CarharttRead Replies (1) of 306849
 
"Yeah but isn't Jackson Hole made up of that old Wall Street money? Newport, Palm Beach crowd ect" That and an even bigger crowd of newly rich. They have established residency there to avoid state income taxes. The annual tax saviings alone render multi-million dollar places virtually free. Jackson is the kind of place where if you need to ask the price you can't afford it.

The catch where I live is, supply and demand. My county is 92% public land. 8% private. I doubt there are 20 prime forties in the whole county. You almost never see them on the market.
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