Quote:
Originally Posted by Bill14564
Doesn’t seem to be a problem today. Five years from now, who knows? That $750K house in the desirable neighborhood may then be selling for $500K due to the recession. Homes that you live in are not investments, buy what makes you happy.
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I know it is a problem in Citrus Grove. I’m not sure about other villages. Homes are being sold at a loss because of the power company’s venture to upgrade their power plant. Homes along the heavy duty power wire route are breaking even for the most part after 4 years of ownership.