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


To: GraceZ who wrote (4716)8/27/2002 9:18:01 PM
From: David JonesRead Replies (1) | Respond to of 306849
 
...Now here's the kicker....does the 2 million $ house fall faster in a downturn or does the 280k?...

Yes. Seen it the last recession and around this time last year that market was more or less dead. There's a hell of a lot bigger market for your 280k home than that 2m home. And all the financing to boot.