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To: BarnacleCenturion
Open lots are listing for 1.3 million.

Horseshoe Bay Homes For Sale.

Perry bought in 2001, and sold in 2007 during the last year of the housing boom, when the building market in Texas was at it's highest.

Shocking that the property actually appreciated in value and he made a profit? Nope.

28 posted on 09/04/2011 7:37:48 AM PDT by TheWriterTX (Rock you like a Herman Cain 2012)
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To: TheWriterTX
Anyone interested in the truth could get the original Houston Chronicle article and find out it was his life-long buddy who bought a piece of property, divided it and sold Perry part so they could have adjoining resort property. They were very close friends and their families spent a lot of time together.

Perry never developed his property and eventually sold it.

The Chronicle hates Perry and was trying their best to make the story into some sort of scandal. They even described selling property 7 years after you bought it as a “flip”.

30 posted on 09/04/2011 7:53:58 AM PDT by Tex-Con-Man
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