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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: J. P. who wrote (10901)6/2/2003 8:56:34 AM
From: STEVERead Replies (5) of 306849
 
So when is this bubble gonna pop????

The problem in Bergen County NJ is that you have too many people chasing too few homes. The Average income/cost of house ratio is totally absurd but everyone wants to live in a good school district and to do that in a 3 bedroom with any kind of lot is 700k.....and that is a relatively modest home. It's very depressing but I'm no longer sure it's gonna end anytime soon.
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