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August 13, 2006
Surrealism in SoCal Real Estate Markets
A piece in today's L.A. Times describes some truly bizarre and surreal developments in the seriously struggling SoCal real estate market, including this:For its Santa Clarita Milestone development, [one builder] hired actors to play house while prospective buyers toured the model home. The mom and dad, son and daughter celebrated a birthday with a party and interacted with one another, demonstrating what a wonderful life onlookers could have -- if they just bought this house. Each actor wore a name tag identifying his or her role: "Hello, my name is Dad."
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