From: vze8f3tq@verizon.net (v)
Newsgroups: misc.consumers.house
Subject: Re: House 200 yards from an Interstate, Should we buy it?
Date: Thu, 30 Sep 2004 16:48:43 GMT

On Thu, 30 Sep 2004 02:28:45 GMT, someone wrote:

>You don't seriously think that the value of the house will go *down*, do you?

Do you seriously think that the value of any particular piece of real
estate can NEVER go down?  On average real estate may go up, just like
the stock market over time, but in the period that any one person
could own it, it can indeed go down.

I have purchased several properties for less than the last person
paid; it went down for them.

Of course this would not *only* be because it was 200 yards, or any
other distance, from a highway.

-v.