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To: yard_man who wrote (145268)1/22/2002 6:26:40 PM
From: Tradelite  Read Replies (2) | Respond to of 436258
 
My only experience with recession?
Say what? What does that have to do with anything?
Recently we sold my deceased father-in-law's house, purchased for 15K in 1950---got about $225K for it.
My own father still lives in the house he paid $14K for in 1951, and it's market value (I know this; it's in my zip code) is about $275K. How many recessions have we had in this country, but land still goes up?