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To: pater tenebrarum who wrote (56850)1/11/2001 10:57:44 AM
From: Ilaine  Read Replies (2) | Respond to of 436258
 
Agreed - but my point is that real estate prices elsewhere aren't in what I'd call a bubble. One reason the national average for real estate prices is higher is that speculative builders are building larger, more expensive houses - locally, very large, very expensive houses on very small lots - what they call "McMansions." I doubt that the value of my own older home went up much in the last year - maybe 7%.