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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding
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To: elmatador who wrote (5220)4/9/2020 2:32:38 PM
From: Elroy Jetson  Read Replies (1) of 13801
 
Home prices are a function of income and incomes in California are more robust than other regions of the US because the economy is more robust.

This is why the major home price crashes of 2008 were Las Vegas and Florida.

Home prices will again crater where incomes crater.
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