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To: RobRoy
By the way, the value of a house is what it sells for.

A house has value whether or not it has been sold. By your obtuse definition, owning a house has no value. It is a ridiculous position to take. Every asset changes value at all times. Dollar changes, gold changes, everything is constantly changing in value. Just because an asset changes in value doesn't mean it is not an asset and have value.

184 posted on 01/02/2007 9:01:45 PM PST by Always Right
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To: Always Right
You are reading way too much between the lines.

I am merely parroting the concept that a thing is worth whatever someone else will pay for it. No more, no less.

Lighten up. ;)
185 posted on 01/03/2007 8:00:49 AM PST by RobRoy
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