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

To: John Vosilla who wrote (25292)	11/17/2004 8:48:09 PM
From: David Jones	Read Replies (2) \| Respond to of 306849

>>>>>low $20k range that rent for $600-650 per month.<<<<<< I'll take two dozen if that were true. I've a friend that lost her condo two years ago in the burbs of Dallas to fire that was appraised a little better than fifty grand. Now she's having a home built at ninety bucks a foot. But your saying condos in Dallas proper are being given away at a third of build cost so the buyer can rent it out at a CAP of around 15-18. Dallas is crime infested more than likely it's landlord hell and those condos that are empty are empty because one cant rent them or sell them.