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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: pogbull who wrote (5104)	8/23/2002 2:45:05 PM
From: Jim Willie CB	Respond to of 89467

yes, Mass2shits #1... but confirmed suspicion on bi-coastal this is not strictly a "bi-coastal housing bubble" as Puplava described it some interesting states to note on last 5 year growth rankings that are interior states Michigan #12 Colorado #6 Minnesota #5 funny how gorgeous Utah #49 suffers from Mormon wet blanket New England was almost a clean sweep in the top10 e.g. NH and Rhodey and Maine, but Conn #11, Vermont #19 does real cost of ownership include property taxes, insurance, septic system repair, termite damage, and broken fences? I dont think so excellent excellent article worth reading over weekend I esp liked the ramificernations on conSUMO spending I recall a fine piece in Barrons back in late May on RE it pointed to a PRICE/EARNINGS ratio for real estate defined on aggregate basis as price of properties divided by household income the last peak was 1987 (which ushered in housing correction) now the PE ratio is tiny bit higher than 1987 high get ready to rumble downhill thanks, Jim