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But you are right... it's not because of the economy at all...
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Sorry, i dont think i said it wasnt, i said i didnt see how the economy relates to the slowdown in the housing boom which was predicted to slow down several years ago. Isnt it at least possible that the market was flooded with too many high priced homes in areas that not enough people could afford them? I watch flip this house too and these guys are always talking about getting the cheapest renovation they could so they could net a quick fat check on the resell. Could it be that some people got a little greedy and soured the market?