"Dave" wrote in message
...
On Sat, 12 Mar 2005 22:47:23 GMT, "Scout" said:

But I wouldn't want to be the 25 year old newly wed trying to scrape
together 20% of $500K for a down payment.

Happens all the time. And in the Manhattan market, if they have to scrape
together 20% of $500K for the down payment they're not gonna get to first
base. The coop board will turn them down.

Isn't that where Bob lives???? Do you think his apartment is worth $500K??
Man.. $500K will buy you 60 acres of oceanside and a house up this way!
$50K will buy you a 15 acre farm, with house, barns and out buildings......

CM