Cat Man Du
Contributor
User Power
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- Jul 30, 2007
- 599
- 51
As some of you know...I'm a real estate broker and I have been reviewing the past sales on the deeds in my farm area. This is what I've found listed time and again on the deeds. Home purchased 2004 for $120,000 sold 2007 for $212,000 many many of these houses show a $100,000 profit made by the owners before the crash. These are blue-collar workers. My question is.......what happened to the $100,000 these sellers made on the sale. I mean, I see this muptiplied time after time. What did these lower middle-class do with that money??? Anybody have any ideas?? :huh2:
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