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Real Estate
Reply to "Is there another "housing bubble"?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Houses sell at their value. What the hell people. You don't have to have an MBA from Wharton to understand this. If a house is all gussied up by a flipper, it still sells for what is is worth. Stripping equity? No. You not getting a shot at creating equity in a desirable neighborhood does not mean those home were stripped of equity. [/quote] 2004 called ... it wants its guileless faith in the market back. [/quote] also it's interesting that you seem to agree that the flippers are taking value out of the neighborhood. that is the definition of "equity stripping" to me. equity should stay with the house, not be sucked up by a financial transaction. [/quote]
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