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

To: Elroy Jetson who wrote (99177)	1/6/2008 8:08:38 PM
From: neolib	Read Replies (1) \| Respond to of 306849

You've been following the "Population - Red Herring". Follow the money and real estate will suddenly make sense rather than being a mystery. Its economics. So why is an acre of land in Sunnyvale CA, worth much more (factor of 20?) than a comparable acre in a rural eastern Oregon town? Even adjusting for all tax differences, and income difference, it is easily a factor 10 higher. Since you have so far denied 100% that population has anything to do with, please do explain. Being off by a factor of 10 is not good. I could clearly pick more extreme examples, but I'm sticking with comparable neighborhoods.