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by Spyckie
6320 days ago
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Yes, but do remember most of these houses were bought during a bubble period. I doubt many houses will ever reach the value that they were bought at. Especially if you've read "how the crash will reshape America" recently posted on HN (http://news.ycombinator.com/item?id=485036), you'll realize that many places where economic growth was fueled solely by home value will never fully recover (Arizona, Las Vegas, etc). |
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