Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (47962)	4/4/2004 4:27:43 PM
From: Cogito Ergo Sum	Read Replies (1) of 74559

M that chart is pretty useless. It doesn't say anything about the # of homes... and further scan the cities... notice the high California content ? You do know that California is rather populous as individual states go... so.... one might speculate... also look at the 3 year rise.. since the stock bust and the cocooning phenomenon caused by 911... As an aside I live in Toronto... The folks that I bought my current house from near the bottom of the last housing bust took a 35% hit when selling to me... My home is now up better than 50%.. granted that's 7 years and it actually declined another 6 or 7% in the first 2 years after I purchased it ;o) Now Toronto is 2.5 million not including the 7 or 8 million close by.. of course if homes in ontariotowns.net all drop by half I or go up by half, it won't have a material impact on the country... Spots...

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