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Old 11-07-2006, 06:45 AM
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Shadow Shadow is offline
The Shadow Knows!
Join Date: Aug 2006
Posts: 1,941
Default Re: American "REAL ESTATE" !!!!!!!!!!!!

I've discussed something similar with Delta a little while ago and he subscribes to the idea of "Assumed vs. Real value in Real Estate" prices.

Basically, when only one or two houses are on the market, there is one or two people with enough interest to pay these assumed prices. You put enough properties up and reality sinks in.

Simple supply and demand.
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