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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 (46240)12/28/2005 9:52:11 PM
From: JillRespond to of 306849
 
You are saying you would spend 900K on 800 sq feet? You'd throw away 450K of your money on a downpayment, take out a 450K mortgage?
The market has topped in NY and is slowing down. We'll see if just stays flat like MSFT has for years, or if it actually retraces 20% or more like Sydney did.