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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Ahda who wrote (2530)5/6/2002 3:50:15 PM
From: MulhollandDriveRead Replies (1) of 306849
 
>>The quirk of it all is here in Southern CA costs of housing continues to rise as expectations of increased wages are diminishing.
<<

Hi Darleen,

I think that is a very bad scenario. And, imo, it points to decreasing supply, and a short window of increasing demand as everyone tries to "pile in" before prices rise further. Seems unsustainable.
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