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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Ramsey Su who wrote (46567)	12/4/2005 12:24:37 PM
From: John Vosilla	Read Replies (1) \| Respond to of 110194

Probably antiflip clause is tops followed by desire to not flood the market at one time. No way someone spends $600k+ for a second home and just leaves it completely empty for a long period of time if he had any attention of using it himself. One thing I found out is they also don't want to rent it even short term as 'new, never lived in units' gets top dollar. Lived in is like a used car and depreciates in today's new age world<g>