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

To: X Y Zebra who wrote (25987)	12/15/2004 12:35:34 AM
From: Amy J	Respond to of 306849

Population growth projections could be low. Birth rates year 2000 to 2002: Hispanics 49.2% Whites 31.7% Asian 11.8% State: California marchofdimes.com I think hispanics have a lot more children per family than whites and asians, according to these figures. So it is possible America's growth projections are incorrect and too low, if they are projected from white birth rates. The population increase could be larger than expected due to demographic shifts with higher birth rates. But one would imagine the statisticians already factored this additional growth into their future population estimate, but at first glance it doesn't appear so. Regards, Amy J

To: X Y Zebra who wrote (25987)	12/15/2004 11:16:44 AM
From: John Vosilla	Read Replies (1) \| Respond to of 306849

Sounds like many large cities in the southwest will have large urban densities of low end residences similar to Mexico City. Might be good for low end apartments and condos but certainly not the overpriced residential property in bubble markets. I mentioned bargains galore from the overhang of the Houston and Dallas 1980's condo bust a month ago on this board. <Mexico (the country) population in 1950 = 30 million. <Mexico (the country) population by year 2000 (or 50 years later) = 98 million (give or take a few million unaccounted for -g) Mexico CITY population year 2000 (plus or minus a few million....) 20 million the above are NOT projections, they are the real numbers. So... take a moment to think about what's coming... real estate go down in southern California (or most of the Western US)... ? I seriously doubt it.>