Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: reaper who wrote (215539)	1/18/2003 1:40:24 PM
From: Mike M2	Read Replies (4) of 436258

Reaper, Shiller's home page aida.econ.yale.edu. There are plenty of areas that are not experiencing RE bubbles I suppose but from what I see and hear from others on the boards the affluent areas around many major cities are experiencing a RE bubble. The suburbs of New York city are definitely in a bubble ( including NJ, CT); we all know about Silly Valley, CA. If one where to draw a map of RE bubble territories it may look small geographically relative to the rest of the US but if one looks at the percentage of the population living in bubble territory or the dollar value of mortgages in bubble areas I'm sure its much bigger. mike

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