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There was an article in the LA times over the weekend that suggested the housing prices in the LA vicinity would continue to rise for at least the next year.
As I said in one of the other threads regarding real estate, I really do think that the Los Angeles market is going to become like the market in Manhattan where demand is so incredibly high that it becomes a seller's market and they can ask for outrageously high prices compared to the rest of the nation.
Oh well.
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