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View Poll Results: Florida homes could halve in value. Good or Bad for the STATE? Not you personally
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Home Owner - Good
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1 |
6.67% |
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Home Owner - Unsure
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2 |
13.33% |
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Home Owner - Bad
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3 |
20.00% |
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Non Home Owner - Good
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8 |
53.33% |
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Non Home Owner - Unsure
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1 |
6.67% |
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Non Home Owner - Bad
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0 |
0% |
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10-07-2008, 06:38 PM
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Location: Tampa
3,834 posts, read 5,652,077 times
Reputation: 1005
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Florida homes could halve in value
Downbeat news from JPMorgan: Florida homes could nearly halve in value (http://blogs.tampabay.com/realestate/2008/10/downbeat-news-f.html - broken link)
Downbeat news from JPMorgan: Florida homes could nearly halve in value
Is this good or bad?
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10-07-2008, 06:50 PM
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944 posts, read 2,346,717 times
Reputation: 510
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Quote:
Originally Posted by crystalblue
Is this good or bad?
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This is a simple question: home prices tripled in the last few years, are we happy with the result? |
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10-07-2008, 07:22 PM
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Location: Venice Florida
1,381 posts, read 2,881,520 times
Reputation: 753
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In many areas existing home prices have dropped well below replacement costs.
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10-07-2008, 09:39 PM
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672 posts, read 757,384 times
Reputation: 256
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Would it be good if grocery expenses were halved?
How about if all living expenses were halved?
Of course NOT!
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That's why I propose that we should raise the price of eggs, gasoline and houses (of course the appraised value as well.)
Thank you very much.
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