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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GraceZ who wrote (47736)1/26/2006 12:27:28 AM
From: John VosillaRead Replies (2) of 306849
 
"It is the marginal lagging areas which suffer first because nobody wanted to live there in the first place. They moved there because they couldn't afford to live where they really wanted to live."

You really believe that applies for every market that didn't take off in this mania? I've been to some of these 'marginal lagging areas' and many are really nice places and growing very fast. I don't think Baltimore, Miami or Ft Myers have anything on Atlanta, Charlotte or Austin.. Personally I'd take the latter 'marginal areas' by a wide margin even if prices were the same.
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