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

To: Tradelite who wrote (27991)	3/10/2005 1:46:49 PM
From: JakeStraw	Respond to of 306849

>>All I'm hearing and reading lately from the real estate community is that inventory is even scarcer >>than ever and plenty of would-be buyers are frustrated. Buyer's want to get into desirable areas, yet available inventories are low... Supply and demand...

To: Tradelite who wrote (27991)	3/10/2005 1:52:11 PM
From: piggington	Respond to of 306849

Some data from my own locality can be found in these charts. I believe they demonstrate that (in San Diego) home price growth has been far, far outstripped by wage growth, and that the housing shortage is a myth. Or, more to the point, the "shortage" is driven by investor sentiment and not demography. piggington.com piggington.com piggington.com rich