Rate of decline for Real Property

jmcmahon@brobeck.com
Date: 12/01/94


          Apparently there are statistics for the "Rate of Decline" of
          real property values somewhere. The IRS likes to quote from
          them, however, I have not been able to locate a source for
          these statistics. Has anyone run across this type of
          information. If so, would you give me the source. We're
          trying to use these figures in the settlement of an estate
          so we're looking at the years 1991 to 1993.

          TIA

          Jane McMahon
          Brobeck Phleger & Harrison
          550 S. Hope St., Ste. 2100
          Los Angeles, CA 90071
          (213) 745-3406
          (213) 745-3345 fax
          jmcmahon@brobeck.com



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