Thats bollocks, my sister inlaw bought in november 2009 for $327,000. I know for a fact. I negotiated the price. They could sell for between $430-450,000 now. 35- 40% in2.5 years:confused:
one bedroom units in my area in 2003 were selling for $350-400,000 and renting for 300-330 per week. Now they sell for $450-500,000++ and rent between$470-500+ per week