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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (66047)	5/12/2002 4:09:28 PM
From: LTK007	Respond to of 99280

<<What about deflation where what they bought actually coming down in value...this could happen from the bubble you know.>> Yes it can and then you have the last nail in the coffin. A recession moving to the brink of depression Real Estate deflation is a killer. But i say for my area the heat is on, land is red hot, and that is one reason i have to face that reality and sell my prime property now. As i am in a "trophy land" zone,and buying from outsiders is escalating rapidly, and i realize this could go on for years, but why get greedy plus i have been advised the town will be likely tripling the land tax on my kind of land within a year:(Max