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slapass · 03-31-2010, 07:24 PM

Just noticed that a few people have asked if I want to sell my place in Rio. It has gone up about 80% in the 3.5 years I have owned it. The market had been pretty flat for years prior to this. 80% is pretty crazy and I could downsize and rent near this place. Bank the money and live like a king off the difference. World Cup is due here in 2014 then the Olympics in 2016. Sort of seems like the wrong time to get out but shit 80% is not a common move for 4 years.

03-31-2010, 07:24 PM
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,625	Real Estate Bubbles in the Third World? Just noticed that a few people have asked if I want to sell my place in Rio. It has gone up about 80% in the 3.5 years I have owned it. The market had been pretty flat for years prior to this. 80% is pretty crazy and I could downsize and rent near this place. Bank the money and live like a king off the difference. World Cup is due here in 2014 then the Olympics in 2016. Sort of seems like the wrong time to get out but shit 80% is not a common move for 4 years.