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To: Kirk © who wrote (4719)8/6/2002 10:48:49 PM
From: BWAC  Respond to of 95520
 
I guess that was kinda my point re housing.

Retirees, Transfers from the North or West Coast come to my area and live like kings. After selling their previous house at local market prices, they are amazed to come here (NC)and find 2X the size house and lot for 1/4 the price.

So where is that bubble?



To: Kirk © who wrote (4719)8/7/2002 4:53:26 PM
From: TI2, TechInvestorToo  Read Replies (1) | Respond to of 95520
 
Kirk,
You forgot about the commute/quality of life factor vs real estate factor in the bay area. Prices go up as people cash out incentive options for a shorter commute.
cheers
ti2