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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 (59623)	8/10/2006 12:23:04 PM
From: Dale Baker	Read Replies (1) \| Respond to of 306849

Very good points, John, good luck with it. The relative prices of a house in different markets amaze me. My relative's place north of Dallas is worth about $320K there; it would be double that in DC and probably triple in the hot CA markets. Same house and amenities no matter where you drop it. That's why I will be renting when I move to northern Virginia. When you can rent a $700K house for $2500 or less and have no capital risk, it's a good deal.