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Old 13-04-10   #4
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Quote:
Originally Posted by mindguru View Post
Look for description and condition of houses in burbs of NYC in say queens, patterson, LI and then get back to me with their prices and description.

Try making a smart research ... do you ever been to vegas. You can only see for miles new condos ready to move but all boarded up. You cannot bring city to life just because wallstreet could securitize any debt faster than you can build houses. Its a dead town ... in fact not even dead town because to be dead one has to be alive first. Its stillbirth in most part of vegas. Its a town of sleaze and will be tombstone for greed of american housing.
The issue is not of price but median incomes: RE price ratio as well + infra & quality of living. Rates at Aundh are comparable directly with some of the best areas in Aus cities, not to mention that their avg incomes is almost 50 times than that of India. Same goes with Canada as well.
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