I sort of feel bad for people who bought in the past few years and are getting burned by declining values but....not really.
I mean, why should short term fluctuations in home values bother you if you've bought a home as a residence? Isn't it conventional wisdom that you buy a home planning for the next ten years?
IMHO, buncha cry-babies.
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http://www.iht.com/articles/2008/04/13/business/housing.php?page=1
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John Koziol, ex-MVP, ex-MS, ex-FoxTeam. Just call me "X"
"When the going gets weird, the weird turn pro" - Hunter Thompson (Gonzo) RIP 2/19/05