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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (107423)	2/29/2008 7:32:29 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 306849

put it this way- grand canyon is beautiful, I would love a house out there. If I lived in a 10K sq fthouse out here because I was an executive, I would NOT want one that large, there. Why? - because it is a vacation home likely to be utilized by only my family and close friends, not hundreds of guests for various social events which are the norm near Corp HQ. - a 10K sq ft property would require upkeep while I was not living there 10 mos of the year - a remote, large property would require "bussing in" maintenance staff - how close is the closest grocery store? etc somehow these points are getting lost in this. There is a lot of reason to buy property in various locales. But how many people want a 10K sq ft house in these places?