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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (21236)6/3/2004 6:03:47 PM
From: Elroy JetsonRead Replies (2) of 306849
 
Only 19% of those living in San Diego County could afford to buy their own home at current prices. Sometimes price levels are an illusion.

I like the quote today from Andy Xie at Morgan Stanley about the Shanghai real estate market.

"You Jia Wu Shi"

"There is a price, but there is no market."


morganstanley.com
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