Thread
:
Buying a much bigger house
View Single Post
#
51
Al Klein
Posts: n/a
Buying a much bigger house
On 30 Jul 2003 11:32:52 -0700,
(Shorty
Blackwell) posted in misc.invest.real-estate:
Al Klein wrote in message . ..
All neighborhoods go in cycles. What's a slum today was once an
exclusive address, and what's an upper-class neighborhood today was
once woods.
True but these are verrrry slow moving cycles, correct? I imagine
it'd take at least 50 years for a neighborhood to degenerate, if
that's what it's going to do; and the early signs are obvious.
Sometimes. Sometimes the thing that causes the "deterioration" to
start isn't something you can anticipate, and the deterioration
progresses rapidly. Things like a new highway, the closing of a plant
or military base, etc.
Reply With Quote
Buying a much bigger house