They should look at Hawaii - probably the most over valued market in the USA right now. Prices for dumps have gone from US$40,000 - $80,000 for places I was looking at a couple of years ago to well into the mid $300,000's.......
(Of course they were cash flow negative back then and even more so now!)
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- oz beats the world - overvalued property
They should look at Hawaii - probably the most over valued...
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