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


To: Broken_Clock who wrote (238536)2/16/2010 1:35:35 PM
From: Smiling BobRespond to of 306849
 
Replacement value alone won't cut it.
Still need to look at location and carrying costs.
I could build a hundred glass-roofed houses with inadequate AC in the middle of the desert 400 miles from any civilization at a cost of 300k each.