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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: Carl Worth who wrote (328)	4/3/2004 9:03:21 AM
From: Hank	Respond to of 6370

"what you say is true to some extent, but i doubt that home values will fall 20% in one fell swoop and across the board.." A total economic implosion could cause this but granted it is unlikely. I've been tempted to move further out in to the country where I could buy a nice house on a large piece of land for the same price I could sell mine so that I can better accommodate by hobbies (I own and love training bird dogs)but have concluded that, even though this area is getting crowded, it is safer to stay put. There is very little land left to develop on because the rest is protected, so the housing market is likely to remain tight for years to come. Great for me as an investment but the same couldn't be said about property in a more remote location. I figure I'll wait until I retire and then cash in on this place before I buy that country gentleman estate because at that point it will be the last home I ever own.