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Quote of the Day: 15 years of house price appreciation “It’s gone”


“I bought my first house in 1996, a four-bedroom for 4,000, and I could probably buy that same house for 4,000. All the appreciation we’ve gained in the last 15 years, it’s gone.”
Chuck Whitehead, general manager for Coldwell Banker’s Southwest Riverside operations, via Eric Wolff at the NC Times.

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