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Originally Posted by Rochard
I fail to understand the housing market in any way, shape or form. I just moved to Rocklin, California, to join ICS. I'm about to sell my house in Phoenix. I bought my house three years ago for $220k. I'm about to sell my house for $450k. I need someone to explain to me why my house doulbed in value in less than three years.
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Supply, demand, (and speculators that pushed the market up).