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<blockquote data-quote="PickettSFHunter" data-source="post: 5778644" data-attributes="member: 2171"><p>I saw land value fall off a cliff locally after 2008. It's happened several times before that as well. Early 90's was another big drop here. Land that had sold for 10k an acre prior to 08 was back down to 1k. Yeah it's back up now but crashes absolutely happen.</p></blockquote><p></p>
[QUOTE="PickettSFHunter, post: 5778644, member: 2171"] I saw land value fall off a cliff locally after 2008. It’s happened several times before that as well. Early 90’s was another big drop here. Land that had sold for 10k an acre prior to 08 was back down to 1k. Yeah it’s back up now but crashes absolutely happen. [/QUOTE]
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