The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Wyätt Gwyön who wrote (69325)	12/24/2006 6:11:03 PM
From: Lizzie Tudor	Read Replies (2) of 306849

I told you, $700K. Thats willow glen, its a good commute to Cisco and other employers. I have lived in Austin and the bay area. You cannot apply Austin real estate values to the market here. There are no jobs in Austin. People make, literally, 1/3 as much as they do here. Houses should be 3x as much here, and they are. I am not a fervent bull on RE either. I just think that applying ratios like you are trying to do haven't worked for YEARS and all that has happened is those people that stuck to those "rules" ended up losing out on great opportunities.

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