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


To: Jim McMannis who wrote (203952)5/23/2009 3:14:11 PM
From: Skeeter BugRespond to of 306849
 
>>Because your house went up in value too. The smart ones sold and left the state...but "smart" means they didn't pay their fair share and reaped the benefits.<<

that's not enough information to determine "smart," though.

if they dumped all their proceeds into gold - now that was smart!

if, as my coworker's friend did, they dumped all their proceeds into the stock market, they weren't too smart after all.

lucky was riding the tech bubble up to early 2000 and then dumping all the proceeds into gold at < $300/oz.



To: Jim McMannis who wrote (203952)5/23/2009 4:45:14 PM
From: kikogreyRespond to of 306849
 
Because your house went up in value too.

just how does that impact me until I sell my house?

the smart ones left the state And went where? To which magical place that's better? I live along the coast, no need for AC (or heating either) and no bugs. Pretty much 60-70 degrees all year. Kids all used public education and UCs for college.

I don't know where you live but like Tom Petty I feel

Caifornia's been good to me
hope it don't fall the sea
sometimes you gotta save yourself
It ain't like anywhere else
It ain't like anywhere else