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

To: mishedlo who wrote (46266)	12/29/2005 11:07:56 AM
From: bentway	Respond to of 306849

People aren't sweatin' the mortgage in Danville! Compare Danville with San Diego, where people are paying more than half their income for a roof..

To: mishedlo who wrote (46266)	12/29/2005 12:37:29 PM
From: Live2Sail	Read Replies (2) \| Respond to of 306849

These data might be true and accurate, but misleading. I see Rochester, NY is one of the "cheapest". Believe me, it's no Danville -- lots of wealthy, white-collar residents living in a snow-infested region that appears to be forgotten. Not a bad place to live if you can handle snow -- Great Lakes and Finger Lakes nearby, lots of local wineries, two universities, Eastman School of Music, two large (although ailing) tech companies with many spinouts, a coupla small ski areas, and an great public schools in most communities. I think its "cheapness" may come from the suburban "haves" being outnumbered by the urban "have-nots".