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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: The Wharf who wrote (23091)	5/7/2005 5:36:01 PM
From: sea_urchin	Read Replies (1) \| Respond to of 81184

Darleen > we are able to buy magnificent ocean frontage property top notch for about 10m to 24m I note that "we" doesn't include everyone. news.yahoo.com >>Majority of Californians make less than half the income needed to buy a home For Southern California, the median-priced home was $477,660, which required a qualifying income of $111,370 to make the monthly PITI payment of $2,780. However, the median household income for Southern California was $52,050*, leaving an income shortfall of $59,320. "These numbers are particularly troubling for would-be first-time homebuyers, who often are locked out of homeownership because of the lack of affordable homes for sale," said C.A.R. President Jim Hamilton. "While home sales statewide continue to surge, the California real estate market is being dominated by repeat homebuyers, who account for three out of four home purchases in the state."<< * I can tell you that at a monthly income of $50K US = R300K SA, one couldn't get much of a place in Johannesburg.