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Originally Posted by ScottyS
Price bust? Dubious. Drastic drop in rate of appreciation? Necessary for a healthy economy.
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As long as intrest rates are below 9% it wont happen the prices will level off but will not reduce enough for the average guy to buy his first house on his own you need two incomes or renters to do it it has been that since I ve bought my first house in SoCal if any thing it will cause the growth to slow in places and spark up in others like fernly and fallen
