The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Jim McMannis who wrote (5424)	9/19/2002 3:59:10 PM
From: David Jones	Read Replies (1) of 306849

...Means the income has to be about 14,000 a month no? 168,000 a year? Everyone is making' that right?... What do you mean "Everyone"? Are you saying everyone needs an 800k dollar home? Hell my brother is one of them poor firemen and he made almost that exact amount last year excluding his wife's income. Together they're over 200k. Where I live now the average income per household is 121k per year with a 550k average home. To many around here 800k is cheese. Just down the street from me is a place on a good sized lot asking 729k and it's sitting on bricks. There was an offer on it before I even seen the sign. I've been told it's gone. Real Estate, Rock On! )

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