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: Lizzie Tudor who wrote (107300)	2/29/2008 2:42:12 PM
From: MulhollandDrive	Read Replies (3) of 306849

lol! at people who "need" to entertain are executive types... lizzie, you need to get out more<g> btw, i live there it's a bubble market fed on a considerable level by CA equity refugees/retirees, las vegas escapees and generally high income people (but there is plenty of 'low end' older housing stock here as well) looking for a second home near bryce, zion, escalante, capital reefs, snow canyon (btw there is quite a bit of public opposition to some of the homes built in the "ledges" (one of which steve ballmer purchased and it sits within eyeshot on the rim of snow canyon...lots of people really pissed about that) there's a new airport going in that will handle intercontinental flights, for now you have to fly into SLC or LAS and take another plane to st. george...once it's finished i expect the market will pick up considerably (but that's not until 2010) my neighbor was a retiree from silicon valley (biotech) and he told me that he paid cash for the house out of the proceeds of his "shitbox" (his words) house in SV

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