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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Casaubon who wrote (45784)	6/20/2003 11:32:44 AM
From: Terry Whitman	Read Replies (1) \| Respond to of 52237

My long time broker friend tells me that ANY area's home prices are directly related to local incomes. Makes sense to me. School district has a bearing too, no doubt. It does all tie in to the Boomer demographic, however. Lots of boomers are in those peak earning years, and lots of them have school age children. Hence high demand for the McMansion in the trendy neighborhood. But, what happens when the kids graduate, and the boomers decide they don't wanna pay those extra property taxes, and they don't really need those extra bedrooms and baths? Market glut is my guess. Probably about 10-12 years away from starting though. So, 'party on' in the mean time. <g>