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US Housing market slips into Depression territory
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01-12-2011, 04:00 PM
Elli
Reach for those stars!
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Join Date: Apr 2003
Location: Vancouver, BC
Posts: 17,991
I read on one of those real estate mogul blogs that a house is just a wooden box rotting in the rain. What you actually pay for is the land. So true...
And 60%? That's cheap in the YVR market! It's NUTS here.
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