Re: Question: Buy Now..or Wait? Real Estate Newsgroup post by Estaplace Newsgroups Search Service.

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Nesgroup address: alt.real-estate-agents - Date & Time for the message: Tue, 30 Aug 2005 00:33:12 GMT /

Author of the message: "Joe"

Title of the message:

Re: Question: Buy Now..or Wait?

Text of the message:

Thanks for the very well thought replies!
After posting I did some research on Greenspan's observations and found quite a few sites that expanded upon the
different regional values, over values, etc.
On the reply from the Long Island, NY realtor, well, that's where my house that I sold is. (Western Suffolk Co)
True that land on the Island is limited, but I dispute that values have always gone up. In '87 before the stock market
crash, I was offered $200k for a house out of the blue without listing it. By 1990, when I first thought of selling I
couldn't get $149k that I advertised. No lookers either. By 2005, it had appreciated to the $385k I did sell it for.
TAXES. Anyone out in the mid west ever hear of property taxes that average $8000+ ?. That's Long Island, NY for you.
Taxes are killing the average working class people. They are also contributing to the unaffordability of working class

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