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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: organicgerry who wrote (46204)12/28/2005 9:04:56 AM
From: KMRead Replies (3) of 306849
 
I just have to laugh. No matter where you are and how ridiculously overpriced your area is, the bubble may burst but it won't affect you. I see this horseshit from people in Boston, LA, San Fran and especially Florida. I know you tell yourself this to alleviate the nervousness about giving back the ephemeral "gains".

There's no more land

People are moving in with money from other areas

I think Naples FL is at the top of the list of overpriced bubbles nationawide. You're run out of suckers, man. We'll check back with you in a few months.

Why don't you try an experiment. List your house for sale at what you think it's "worth" today and see how many people even come look at it.

Might be a cold shower.
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