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

To: CalculatedRisk who wrote (45404)	12/4/2005 1:14:48 PM
From: bentway	Read Replies (1) \| Respond to of 306849

What's the local affordability in Boston? San Diego's 11% that can qualify for a conventional mortgage has been well publicized, but I hardly ever see anyplace else published. This seems like a key for me, since once the speculators leave, ordinary buyers will have to support the market. You may be right. I only keep a close eye only on the SD market, since I moved from there. I do have a buddy who just moved from Boston back to Austin, made a big cap gain on his Brookline house, then bought his son a 500 sq/ft condo in a Boston highrise.