what does that fact mean? 80000 people for 400

houses?

On the positive side, it means that properties won't droped to starting bid price or 50% of market value whichever lower because there are overwhelming amount of supports at this level.

On the negative side, it means that although the potential housing demand is very strong, the population does not support current market value. Otherwise, they won't even bother go to auction for those crappy properties. This means that either the market is too high or people available cash flow is too slim or both.

Even though there are around 80000 peple worshiping for 400 properties, are they all sold?


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should be all sold. But whether the transaction -大丫- 给 大丫 发送悄悄话 (66 bytes) () 02/25/2008 postreply 13:20:14

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