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: ild who wrote (8720)	2/5/2003 9:08:16 PM
From: Skeeter Bug	Read Replies (2) of 306849

ild, yeah, it is crazy. my fam has had similar appreciation, though it took a year longer - but our place is a home and 70% larger. people will pay to live in certain areas - that's not the question. the question is, can they pay, even if they want to. with starter homes at $300k, i don't see a starter owner affording that. the big question mark comes when rates rise. r.e. prices will get torched, imho. it might be a while, but the time is coming.

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