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Old Posted May 17, 2007, 12:51 AM
gbayard gbayard is offline
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Join Date: Sep 2006
Location: Philadelphia
Posts: 188
If the chips continue to fall into place we could be in for a good inflation run over the next 5 years that could take a big bite out of these prices. Yes the last two CPI numbers came in at the expected numbers, but resource utilization is unbelievable, rents have been flat for far too long, productivity gains of the computer have dried up, and chinese labor is on the verge of becoming more expensive by the day.

I have to agree that this would be a better fit to the market in Center City. Center City/Rittenhouse Square is the high end neighborhood in the city. If you can afford a 750k one bedroom, you'll probably be more inclined to buy it in CC. There also isn't a better location to be afforded in the city than center city, which negates bryson's valid argument about the skethcy wasteland between old city and no libs.
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The 60 year vacation is coming to an end.