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Dog-faced pony soldier
Join Date: Feb 2004
Location: A Rock Surrounded by a Whole lot of Water
Posts: 34,187
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I think the bigger markets just take longer to respond, but respond they will. . . I'm betting on a 50% drop in values in parts of Southern Cali.
Little markets are like canoes - they can turn on a dime. Big markets are like supertankers. They turn, but it takes a while - and once started in a direction, they stay going that way for a while until there's a lot of force acting on them.
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A car, a 911, a motorbike and a few surfboards
Black Cars Matter
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