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I'm So Sorry I Missed This Sale (parody Ad)  
User currently offlinePROSA From United States of America, joined Oct 2001, 5439 posts, RR: 5
Posted (7 years 4 months 3 days 7 hours ago) and read 851 times:

That popping sound you hear is not a champagne bottle, but the real estate bubble:




"Let me think about it" = the coward's way of saying "no"
3 replies: All unread, jump to last
 
User currently offlineNighthawk From UK - Scotland, joined Sep 2001, 4991 posts, RR: 38
Reply 1, posted (7 years 4 months 3 days 7 hours ago) and read 845 times:

lovely........ probably even better if the image worked........


That'll teach you
User currently offlineRedngold From United States of America, joined Mar 2000, 6907 posts, RR: 51
Reply 2, posted (7 years 4 months 3 days 6 hours ago) and read 788 times:

Yeah, real estate bubbles are nasty... In 1986 there was a bubble in the Westchester County (NY) housing market... Prices were going up $30K a month. We just so happened to move during that time. Our $225K house dropped in value to $185K when the bubble burst a few months later... but wasn't reassessed for property taxes for nearly ten years.

Oh, and the same house at that time would have cost about $60K in the area from which we moved.


redngold


Up, up and away!
User currently offlineLTBEWR From United States of America, joined Jan 2004, 12337 posts, RR: 12
Reply 3, posted (7 years 4 months 3 days 4 hours ago) and read 666 times:

Redngold, that house would probably be worth $750-800,000 today. Bubble? not in the NYC area, especially on anything below $500K, although the upper end of the market is softining.
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