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


To: Tradelite who wrote (3582)7/25/2002 7:25:43 PM
From: GraceZRead Replies (1) | Respond to of 306849
 
I've owned homes in the past that I couldn't afford to buy if I had to buy them at the current price. This has the effect of having you stay put because you can't buy something better than where you are with the money you have. I my area, older homes aren't going up as much as new homes. People delude themselves into thinking they are, but it just ain't so.