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

To: TheStockFairy who wrote (6426)10/29/2002 6:18:12 PM
From: Jim McMannisRespond to of 306849
 
RE:"well, it would happen so slow that as each of the homes on one street falls into the water, the new street would now have beachfront property. those properties would be worth 4x more than the year before until they fell into the water. the last homes will be worth somewhere in the 1000-10000x their 2075 value."

Once the first row fell in they would probably want to build on stilts to maintain the view. lol

Jim


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