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


To: Mike Johnston who wrote (45847)10/18/2011 11:04:02 AM
From: Travis_Bickle  Respond to of 119361
 
Why can't he just rent an apartment?



To: Mike Johnston who wrote (45847)10/18/2011 11:06:51 AM
From: bentway  Read Replies (1) | Respond to of 119361
 
"then he would have to pay equally inflated bubble price if he was to turn around and get another house"

It was my third house. Which I bought as a foreclosure at the bottom of a CA RRE depression in 1994. I took the money from the sale, searched for a deal on another house, which I found in another foreclosure in Salt Lake City, which was experiencing somewhat of a RRE depression after an Olympics-induced pre-bubble bubble. Bought that foreclosure for cash.



To: Mike Johnston who wrote (45847)10/18/2011 5:39:25 PM
From: Jim McMannis  Respond to of 119361
 
RE:"If it was his primary residence, then he would have to pay equally inflated bubble price if he was to turn around and get another house"

Not if you move to SLC and buy a house for a whole lot less.