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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (20915)	8/8/2007 4:06:36 AM
From: 8bits	Read Replies (1) \| Respond to of 217906

Do you want to buy Oakland ? I just did... I bought a duplex at an auction. Most of the properties at the auction were at or slightly below market value and all were sold as is with a substantial (3%) penalty if you pulled out of the deal, not worth it in my opinion in a downward trending market. As for my property I bought it for 170K below its sale price in July 2006 and 135k Below its sale price in January 2006. Even so I think I paid only 60k to 70K below market value. (For example 35 feet of copper pipe had been stolen while it had gone through foreclosure..) The positive spin is that it is less than 3/4s of a mile from Pixar, 1 mile from Ikea and 1 mile from Norvartis.. the negative spin is.. its in the wrong direction. One of the artifacts of the break in during the foreclosure was a used condom wrapper and tampon. Apparently some local entrepreneurial lady had used the space for business.

To: energyplay who wrote (20915)	8/8/2007 5:58:48 AM
From: TobagoJack	Read Replies (1) \| Respond to of 217906

<<44k is median family income, average family income is 70 k>> ... and the direction of trend is clearly down usatoday.com , even as costs rise in other words, between rock of congressional spendthrift/bad policies and hard place of fed incompetence car price will increase, along with gas price same for clothing forget vacations, at least not in europe entertainment? perry mason re-runs and rehashed murder she wrote will suffice (and actually very good stuff, along with columbo and banacek and ... mission impossible and it takes a thief :0) savings? not a chance, as that 500 will be fully accounted for by gasoline price increase and toilet paper inflation no, i fear, the middle of the range is in trouble, and as they go down the gurgler, will fight back, grasping and choking, and so goes the next level up ... it is what happens in the course of revolutions, be they of the bloody or taxing sort