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To: thoughtomator
My first home, purchased in Madison, WI, in 1977, was $49,500. My next, in Northern California was in 1983 and was $111,500. My next, in New Hampshire in 1994 was $178,000. My present one in Northern Virginia in 2003 was $499,900. It is called inflation.

Your cavalier "it needs to pop" comment sounds like someone who has either made his or hasn't purchaed yet.

92 posted on 06/21/2005 12:07:03 PM PDT by Redleg Duke (Getting old sucks, but it is the only viable option!)
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To: Redleg Duke

Homes in the bubble areas are not rising at the rate of inflation. They're going up about 20 to 25% per year.


97 posted on 06/21/2005 12:25:34 PM PDT by ambrose (.)
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