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Politics : Politics for Pros- moderated

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To: Whitebeard who wrote (203518)	4/20/2007 10:09:24 PM
From: D. Long	Read Replies (1) of 793846

what is it? location? Houses close to work are at a premium anywhere. Commute time has become onerous. Bet most of that price increase was in prime areas I would say it's internal migration and speculation. Americans moved in huge numbers out of the northeast and midwest into the sun belt in the 1990s, and are migrating into the West now. I'm a prime example. I'm from the rural northeast rust belt, moved to Texas in 1998, and moved to Utah in 2004. I'm riding the tide. :) Some of it is immigration, certainly, and natural population increase. But this boom is way beyond the boom that occured when the baby boomers started buying real estate, or the GIs came home from WWII and started buying single family homes, and there is no cohort like them in the market today. Flippers are the other half of the equation, I'd venture.

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