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The New DU. Reply #18: I agree
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Kickoutthejams23
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Sun Aug-20-06 11:41 AM
Response to Reply #17 |
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I live in a bubble area and it is Hurricane insurance rather than interest rates that are really killing us. (despite the fact we haven't had a hurricane since 1923. Housing costs skyrocketed past the ability of people to buy them and with a new construction boom over the last few years supply is way ahead of demand (esp at inflated prices)The market will correct itself rather sharply and overall it will be a good thing for most people in the area. Except for those individuals who bought at the top.
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