Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: SouthFloridaGuy who wrote (1621)	2/19/2002 12:04:17 PM
From: Tradelite	Respond to of 306849

<<What the country-folk on these boards don't realize is that a great number of people in this country come from a handful of urban areas. They are the determinants of the national economy, not somebody in hicktown, USA. >> ________ Everyone on this board who hails from *hicktown, USA...please raise your hand. Bet there aren't too many here, and that most people are speaking from roughly the same frame of reference re: real estate in heavily populated employment centers around the country.

To: SouthFloridaGuy who wrote (1621)	2/19/2002 12:15:41 PM
From: GraceZ	Respond to of 306849

80% of the population in this country lives within 300 miles of either coast. People continually want to live where most people already live. People also tend to want to buy houses where the prices are rising. There has been some movement to ex-urban areas but not nearly as much as one would expect considering the hardship and expense associated with living in an urban area.

To: SouthFloridaGuy who wrote (1621)	2/19/2002 2:45:44 PM
From: JoanP	Read Replies (1) \| Respond to of 306849

Median home prices for the areas you mentioned: Chicago: 315,500 New York City: 339,000 D.C. 352,500 San Francisco 751,900 Other median home values: Philadelphia: 269,900 Hartford: 272,600 Austin: 201,400 Atlanta: 212,900 Columbus: 202,300 Phoenix: 238,000 Detroit: 254,600 Denver 297,500 (Source: SmartMoney Real Estate 2002). I could go on, but you get the picture. R.E. in New York is not 4 x the cost of real estate elsewhere in the U.S. I don't know why you always show so much emotion, insulting people if their thoughts differ from yours. People should feel free to share their views without people like you attacking them.