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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: CalculatedRisk who wrote (35188)7/12/2005 1:01:07 PM
From: Mike JohnstonRead Replies (1) of 306849
 
One of the many arguments brought up by those who say that this boom will continue is "population growth" and immigration. IMO at some point, as prices reach a certain level, bubble areas will experience reduction in population growth and immigration. Why would somebody immigrate to CA if he could not afford a roof over his head ?
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