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Thursday, August 27, 2009

NO VACANCIES

Had two vacancies in August. They are both now rented.

I did lower my prices a little.

One unit I lowered by 6%. I rented it almost immediately.

The other unit I lowered gradually over the course of a month.

When I had gotten the price down by 17%, someone stepped forward and took it.

I really believe that if people are willing to take less, they will be employed. Holding out is a bad strategy. There is nothing wrong here with our economy that can't be fixed with a little humility.
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