Real Estate Will Always Go Up Won't It?

This house, brand spankin' new, was originally listed for over $5 million.

Anyway, it was auctioned off last Saturday and went for $3,050,000 (+8% commission).

OK, ok, this was a pretty (i.e., extremely) pricy house...what's going on in the slightly less expensive inland empire you ask? Don't ask. Don't click on the next link either....

http://www.forsakencraft.com/mainframe.html