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Life at the bottom
In Sacramento County, the housing market is suddenly booming again. All that was required was for prices to come down -- a lot.
Andrew Leonard [2008-05-19]

  • I agree

    with Neilpaul. Prices went up 30, 40 percent a year for several years. I think 50% haircuts in some of those markets might not be enough.

    A regular family with two wage earners might be able to afford $232,000, though. That is something to celebrate.

    -- ReganaD
    [Read ReganaD's other letters]
    Monday, May 19, 2008 02:08 PM
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