In some respects your correct but there must be something that keeps people coming. So the value is placed on whatever the attraction is. I suppose whenever people decide that the lustre is gone maybe they will leave and the prices will come down. But until then go figure.
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Originally Posted by WagnerX5
Cali is also the largest populated state, not to mention EXCEPTIONALLY over valued. My aunt had a place that was 780sqft, valued at 750,000.00. WTF? Too much sun people.
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