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

To: patron_anejo_por_favor who wrote (35658)7/19/2005 1:02:43 PM
From: Think4YourselfRespond to of 306849
 
How odd! I just finished adding that exact same argument to my post.

It will take awhile but you are right. Home location WILL become critical in the future. I know people who live in the country and commute 65 miles or more one way to work each day. Energy costs are killing many of them financially and, as more people move to suburbs, their commute times are increasing. At some point the hit on the pocketbook and loss of all your free time begins to outweigh other considerations.



To: patron_anejo_por_favor who wrote (35658)7/19/2005 1:06:38 PM
From: John VosillaRead Replies (1) | Respond to of 306849
 
"The perfect storm....massive overbuilding over oversize houses and cars in the very year that we hit global peak oil production. Ouch"

So true and add in a new fast growing middle class in China and India. Me thinks many of those petrodollars floating around will flow into Houston RE<g>


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