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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (29164)	3/23/2005 1:02:04 AM
From: John Vosilla	Read Replies (2) \| Respond to of 110194

Many of the midwest markets are as cheap as they've been in the post WWII era when you compare home prices to incomes, rents and today's interest rates. Most are in Ohio, Michigan, upstate NY and Texas that don't seem to attract much of the cashing in their chips crowd from the coasts yet. Lima, Ohio was rated the most affordable metro area. Something like $88k avg home with household income in the low $50's is amazing. Perhaps the bubble has to end when every market has participated? What a nightmare that would be for us here..lol