Wednesday, October 24, 2007

Sick

A reader sent me this:"Roger guesses the house is worth 10 percent less than it cost to build--and he’s worried its fall has just begun. "I have personal angst," Elliott says. "Yes, I built this fantastic house. My wife loves it. Everybody in the neighborhood thinks it’s great." But it was a house built for appreciation. Now that prices are falling, he wishes he’d built something far more modest."story: http://www.newswee[...]

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[Source: The Money Blogs]

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