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How have you responded to this recent drop in home prices? I bought a home 16 months ago when houses had started to go down.
Is your home losing value too quickly? My home is worth $6000-7000 more than I paid for it. I live in a good area/city still.
Are you finding you're finally able to invest in some extra rental property? No, I don't like dealing with other people paying me for something.
What do you feel is driving this continued downward trend in home prices? Jobs aren't and weren't paying enough for people to easily afford the increased home prices. There have been lots of jobs lost, and the ones that they are being replaced with might be making money for people at the top, but not for the workers. And the media continually tells us that the entire country is in a recession (when certain areas aren't, and certain areas didn't benefit from the good times either).
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