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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (1936)	2/26/2002 4:53:34 PM
From: Tradelite	Read Replies (1) \| Respond to of 306849

You may be right in your interpretation of his remarks, but it's hard for me to agree with the premise. If ever there are places on earth where people literally have a hard time finding places to live, it's in some small-to-medium-size towns which are home to large universities. The student population has a hard time locating off-campus housing and the local landlords make a killing on them. Am the parent of two victims in two different college towns. In one of those towns, we were fortunate to inherit a house that was located in the prime student area. We couldn't let our son and his friends live in it, because we needed to sell it and distribute the money to all the heirs, but we sold it quickly for cash to the parents of another student. It was immediately converted into a haven for the kid and his buddies. I heard this was common----to get housing for the kids, some parents had a buy a place in that town.