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

To: Tradelite who wrote (5789)	10/2/2002 6:54:54 PM
From: fatty	Respond to of 306849

>while most of us refer to average people who don't even live in the highly urbanized, populated areas of Wash DC, Boston, California, it's actually the non-average areas of the country which form the basis for much discussion on this thread. That's funny. The so called "non-average" areas only have 25% of the population. Most American (75%+) actually live in metropolitan areas. Most of the metropolitan areas do have housing crisis. Perhaps what is happening is that people can't afford to buy housing in cities. Most of the housing activities happen in the rural areas among the 25% population. Is there any wonder that most housing reports concentrate on housing permits, starts, etc? I haven't seen any new houses in my neighborhood for years.