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


To: Elroy Jetson who wrote (7308)12/12/2002 5:21:24 PM
From: MulhollandDriveRead Replies (1) | Respond to of 306849
 
this is totally anecdotal..

but about a year ago, when review the price of LA RE per the median income....i asked a RE broker....
"just who is buying these properties at these prices"..

knowing that the median wage earner did not qualify...

the response was "foreign money"