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To: Terry Whitman who wrote (49593)12/20/2000 10:15:37 AM
From: chic_hearne  Read Replies (2) | Respond to of 436258
 
Terry,

I've been there and I think 90% is possible.

A $3 million house there would go for $200,000 here in the midwest, no shit.



To: Terry Whitman who wrote (49593)12/20/2000 10:58:09 AM
From: sammaster  Read Replies (2) | Respond to of 436258
 
if people bot these houses in a boom on borrowed money and IF we go into a recession there may be mass siezing of houses by banks ...then prices could go for cheap...
actually that is my thinking as i am holding out on buying a new house until this mania is over and people begin to fear debt

samir


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