Top-price homes' values go down the most in recession.

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Los Angeles, California's residential real estate slump - Industry Overview

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Top-price homes' values go down the most in recession.

Study reveals the priciest houses taking hardest hit

The owners of large homes in Los Angeles -- houses of 2,500 square feet or more -- have been hit hardest in the Southland residential real estate slump, and have seen $29.5 billion in property value evaporate in the last two years, according to a new survey from Dataquick Information Services.

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