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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: LindyBill who wrote (6663)9/3/2003 7:32:12 AM
From: unclewest  Read Replies (1) | Respond to of 793623
 
Restrictions on building have just driven up the price of housing in a "Bubble." It can't go on like this.

My daughter and son-in-law just visited from Woodland Hills...Just N of LA.
Their home purchased a few years ago for $325,000 is now worth over $650,000 and average sales time is one week.

They told me rentals are quite reasonable. I suggested they take profits very soon.