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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (55562)	8/29/2006 8:35:54 PM
From: russwinter	Respond to of 116555

The guy Javed has a 135% gain on his old house, and he is piddling around. I just don't get it, cut the f-----g price or forfeit the deposit, one or the other, and move on. Find a renter? It's like they have to have it all, what's wrong with people, totally entitled and spoiled?

To: mishedlo who wrote (55562)	8/29/2006 10:33:23 PM
From: John Vosilla	Read Replies (2) \| Respond to of 116555

Is that last story on Ms. Guth is about the most incredible fall you've seen so far? A 5/4/3 on half acre in the DC market for near $500k...wow These big price drops will have a ripple effect throughout all the bubble markets both for movement up and down within the same market or relocation to other overpriced markets IMHO.. Eventually they'll figure out how cheap Danville is and some relocate there<g> Did you see my post on how cheap property is in Niagara Falls on the RE thread? The price differential from one area of this country is stunning even if all the bubble markets drop 50%..