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Politics : Foreign Affairs Discussion Group

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To: geode00 who wrote (170006)8/27/2005 6:46:52 PM
From: bentway  Read Replies (1) of 281500
 
You might want to scan this thread:

siliconinvestor.com

The concensus there is that we've reached the RE top in the some bubble areas. How much carnage will ensue is debated. Some estimates put 50% of US jobs as currently related to real estate in some fashion, so, it might be REAL bad if RE goes south.

In San Diego county, only 11% of the population can qualify for a conventional loan on the median priced house there.
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