UNREAL ESTATE
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In “Spend It and Save It, Too” (May 28), Michael Cieply wrote that “Luxury housing prices in the Golden Triangle--Brentwood, Bel-Air, Beverly Hills . . . are surging more wildly than ever, with some prices doubling in less than two years. . . .”
I would certainly like to see the statistics on which this statement is based.
As a real estate professional for more than 12 years in the areas mentioned, I and my colleagues find this statement astonishingly inaccurate. Prices have certainly risen, but they have not doubled, and you do both buyers and sellers a great disservice by printing unverifiable statements that lead to false expectations on the part of all.
JAYCIE ZIMMERMAN
Fred Sands Estates
Beverly Hills
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