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RE: houses



 > From: "Noelle)" <http://dummy.us.eu.org/Noelleg>
 > Date: Wed, 6 May 2009 15:21:26 -0700
 >
 > > -----Original Message-----
 > > From: Robert [http://dummy.us.eu.org/robert]
 > > Sent: Wednesday, May 06, 2009 1:27 PM
 > > 
 > > I disagree.  I think if we're not already at the bottom, it's around
 > > there.  The problem is that it will take several years for things to
 > > increase in value.
 > 
 > But I thought it's better not to increase in value since it's
 > overpriced?

Yes, it is better.  It's just that anyone who thinks that their house will
be an "investment" will be sorely disappointed for next 10 years.

 > > Very much like L.A. in the early 80s.




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