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June 8, 2008 at 9:40 PM #12984June 9, 2008 at 10:11 AM #220102bsrsharmaParticipant
Exurbs are rapidly losing value as gas prices climb:
http://www.bloomberg.com/apps/news?pid=20601109&sid=a4kOXcpI3dQg
If gas hits $5+, much of Temecula & Murrieta homes may be pushed under $200K. For potential buyers, this is a serious risk – the value of a home may quickly degenerate into a fraction of purchase price. A 70+% drop from peak is not at all unthinkable.
June 9, 2008 at 10:11 AM #220196bsrsharmaParticipantExurbs are rapidly losing value as gas prices climb:
http://www.bloomberg.com/apps/news?pid=20601109&sid=a4kOXcpI3dQg
If gas hits $5+, much of Temecula & Murrieta homes may be pushed under $200K. For potential buyers, this is a serious risk – the value of a home may quickly degenerate into a fraction of purchase price. A 70+% drop from peak is not at all unthinkable.
June 9, 2008 at 10:11 AM #220213bsrsharmaParticipantExurbs are rapidly losing value as gas prices climb:
http://www.bloomberg.com/apps/news?pid=20601109&sid=a4kOXcpI3dQg
If gas hits $5+, much of Temecula & Murrieta homes may be pushed under $200K. For potential buyers, this is a serious risk – the value of a home may quickly degenerate into a fraction of purchase price. A 70+% drop from peak is not at all unthinkable.
June 9, 2008 at 10:11 AM #220242bsrsharmaParticipantExurbs are rapidly losing value as gas prices climb:
http://www.bloomberg.com/apps/news?pid=20601109&sid=a4kOXcpI3dQg
If gas hits $5+, much of Temecula & Murrieta homes may be pushed under $200K. For potential buyers, this is a serious risk – the value of a home may quickly degenerate into a fraction of purchase price. A 70+% drop from peak is not at all unthinkable.
June 9, 2008 at 10:11 AM #220263bsrsharmaParticipantExurbs are rapidly losing value as gas prices climb:
http://www.bloomberg.com/apps/news?pid=20601109&sid=a4kOXcpI3dQg
If gas hits $5+, much of Temecula & Murrieta homes may be pushed under $200K. For potential buyers, this is a serious risk – the value of a home may quickly degenerate into a fraction of purchase price. A 70+% drop from peak is not at all unthinkable.
June 9, 2008 at 11:01 AM #220144dharmagirlParticipantWell, I’m buying a house in Temecula. I’ve come to the conclusion that this is a very nice community and, if I had children, I think it would be a great place to raise a family.
I’m going to hope that in the next decade, we will find ways to be less dependant on gas with alternative fuel sources, new hybrid technology, etc.
I realize this wont happen overnight, but I’m gonna remain optimistic.
Any other thoughts on this?
June 9, 2008 at 11:01 AM #220239dharmagirlParticipantWell, I’m buying a house in Temecula. I’ve come to the conclusion that this is a very nice community and, if I had children, I think it would be a great place to raise a family.
I’m going to hope that in the next decade, we will find ways to be less dependant on gas with alternative fuel sources, new hybrid technology, etc.
I realize this wont happen overnight, but I’m gonna remain optimistic.
Any other thoughts on this?
June 9, 2008 at 11:01 AM #220251dharmagirlParticipantWell, I’m buying a house in Temecula. I’ve come to the conclusion that this is a very nice community and, if I had children, I think it would be a great place to raise a family.
I’m going to hope that in the next decade, we will find ways to be less dependant on gas with alternative fuel sources, new hybrid technology, etc.
I realize this wont happen overnight, but I’m gonna remain optimistic.
Any other thoughts on this?
June 9, 2008 at 11:01 AM #220281dharmagirlParticipantWell, I’m buying a house in Temecula. I’ve come to the conclusion that this is a very nice community and, if I had children, I think it would be a great place to raise a family.
I’m going to hope that in the next decade, we will find ways to be less dependant on gas with alternative fuel sources, new hybrid technology, etc.
I realize this wont happen overnight, but I’m gonna remain optimistic.
Any other thoughts on this?
June 9, 2008 at 11:01 AM #220304dharmagirlParticipantWell, I’m buying a house in Temecula. I’ve come to the conclusion that this is a very nice community and, if I had children, I think it would be a great place to raise a family.
I’m going to hope that in the next decade, we will find ways to be less dependant on gas with alternative fuel sources, new hybrid technology, etc.
I realize this wont happen overnight, but I’m gonna remain optimistic.
Any other thoughts on this?
June 9, 2008 at 11:15 AM #220159sdduuuudeParticipantdharma – It is alot to hope for.
Remember, the market can remain irrational longer than you can remain solvent.
Only if you live AND work in Temecula will you be able to last until new technology changes the gasoline market.
It is just as nice a community if you rent.
June 9, 2008 at 11:15 AM #220254sdduuuudeParticipantdharma – It is alot to hope for.
Remember, the market can remain irrational longer than you can remain solvent.
Only if you live AND work in Temecula will you be able to last until new technology changes the gasoline market.
It is just as nice a community if you rent.
June 9, 2008 at 11:15 AM #220268sdduuuudeParticipantdharma – It is alot to hope for.
Remember, the market can remain irrational longer than you can remain solvent.
Only if you live AND work in Temecula will you be able to last until new technology changes the gasoline market.
It is just as nice a community if you rent.
June 9, 2008 at 11:15 AM #220298sdduuuudeParticipantdharma – It is alot to hope for.
Remember, the market can remain irrational longer than you can remain solvent.
Only if you live AND work in Temecula will you be able to last until new technology changes the gasoline market.
It is just as nice a community if you rent.
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