housing bubble

Out of context: Reply #8

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  • Point50

    There's a bubble?

    No, but seriously. We had the craziest real estate push out here in Vegas the last 2 years. Houses appreciated like crazy out here. My old roommate owned his house just over a year and made almost $80,000 on it when it sold. Now the boom has calmed a little and people are a little more level headed. I can't say that property is depriciating at all, but I know some builders have cut their prices back about 5% - 10% on new homes.

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