To: intuit AT teleport.com, homestead AT lists.ibiblio.org
Subject: Re: [Homestead] land prices!
Date: Tue, 08 Nov 2005 21:49:38 -0600
DOES ANYONE HAVE AN *IDEA* ABOUT WHEN THIS REAL ESTATE CRASH WILL
BEGIN?-HAVE APPROX. $330. EQUITY IN A HOUSE THAT WILL SELL BETWEEN $360.
AND $400. AND I CAN PUT IT FOR SALE THE END OF JANUARY 06. LINDA
Rapid real estate depreciation historically occurs when there is a large
increase in unemployment, interest rates rise rapidly, population decreases
quickly and substantially. Are any of these conditions likely in your area?