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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Tommaso who wrote (86105)8/19/2007 3:00:30 PM
From: TradeliteRead Replies (1) of 306849
 
You're right, but where I come from, no rents are low!

Two bedroom apartments in less-than-upscale buildings cost more today than my entire house payment (under $1,800 including tax and insurance) was for 30 years.

Inflation made the apartments look expensive, and my house look pretty cheap.
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