by iceman5 » Wed Feb 27, 2008 1:08 pm
Now that you mention it...Housing prices where I live are fine and arent dropping at all.
LOL@Californians thinking that houses would continue to skyrocket at 10%, 20%, 30% per year until the end of time.
Hmmm..I'll but this 1500 sqft house for $600K....Ill spend $50K remodeling it and sell it for $900K....in 2 months.
Hmmm..I like this 1500 sqft house..$900K sounds good. We cant afford it but thats OK....we'll get a no interest loan and make LOTS of money when we sell next year for $1.2 Million!!!!
Time to pay the piper.
iceman5