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: John Vosilla who wrote (46981)	1/12/2006 5:11:03 AM
From: MoneyPenny	Read Replies (2) of 306849

Many of my friends fit your description. One co-worker made a cool 1.5M on her off the beach house after expenses. Going through a divorce, she took her 750k after setting aside money for the capital gain, and plunked every cent down on a new condo and upgrades to the tune of 80k. This is every cent she has in the world. She plans on selling this home in 3 years for 2 million and retiring. Her mantra, "you can't go wrong with Florida real estate". She keeps a daily tally of what she thinks is its appreciation. She thinks I'm insane with my diversified portfolio and modest home. MP

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