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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: unclewest who wrote (232540)	12/25/2007 4:39:15 AM
From: KLP	Read Replies (3) \| Respond to of 794337

Wish there was some poll taker we could trust! It would be most interesting to see how much people bought their homes for years ago, and how much they are today. And how much they were on paper about 6 months ago.... My guess is most everyone who bought their house several years ago, and for some reason had to sell now, didn't lost money compared to when they actually purchased the home. Instead, they probably just made 100% on the money if they kept it for 15 years or so, instead of 200% or more that they might have sold it for 6 months to 1 year ago... For those who bought a big home, with a big price over a year or two ago, and for some reason had to flip it one or two years later, and won't get the same price as they did when they bought it.....well then, they might ask themselves why they are selling it so soon.... Now, I can argue the opposite way, if the property taxes on a property have gone so high because everything else in the neighborhood over the last say....10 years....and yet if they sell the house now, in a deflated market, the city/town/state government won't give back the extra amounts of the taxes paid on what was a higher priced property and now is in the cellar... But, why bother. Today is a Holiday, and a very Special Holiday at that.... Wishing you and your wife and family, the Very Best Merry Christmas, and a Peaceful New Year!