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

To: bentway who wrote (21366)	6/4/2004 5:09:16 PM
From: Tradelite	Read Replies (2) \| Respond to of 306849

The figures from Allied and United Van Lines also don't count people who land in town with a U-Haul attached to the back of their car. Presumably, these folks aren't buying the million-plus dollar homes. <<gg>>

To: bentway who wrote (21366)	6/4/2004 5:19:59 PM
From: Elroy Jetson	Read Replies (2) \| Respond to of 306849

That's what I hear. Shortly after people sneak across the border and obtain a job working as a Parking Valet, Busboy, Carwash attendant, or Housekeeper their next stop is a local Coldwell-Banker office to buy a $450,000 starter Home or Condo. Although their job pays only $12,000 per year, they easily supplement their income with $90,000 per year in cash-out refinancing. I'm sure millions have moved here from Mexico and retired a year of two later living off of real estate appreciation alone.