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


To: David Jones who wrote (25297)11/18/2004 11:54:06 AM
From: John VosillaRead Replies (2) | Respond to of 306849
 
realtor.com

Are you familiar with that area north of Dallas and south of Richardson? Surely Dallas can't be more crime infested than bubble markets like LA and Miami.

<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.>



To: David Jones who wrote (25297)11/18/2004 2:49:16 PM
From: MicawberRead Replies (2) | Respond to of 306849
 
Pardon the intrusion, David, but I believe he was talking about Houston, not Dallas.

Still, I'll take a few dozen of these myself. Tough to find a CAP of 9, let alone 15 to 18.