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

To: bentway who wrote (275848)	9/14/2010 7:33:37 PM
From: pstuartb	Respond to of 306849

Juneau looks kinda land cramped, between the mountains and the sea.. A lot of the southeast panhandle is like that. The mountains come straight out of the water. My recollection of Ketchikan is it's a mile or two long and about a hundred yards wide, with parts of it built on stilts either over the water or up a steep hillside. In a lot of places, the hillsides were too steep for roads, so to get to the houses you had to climb a series of wooden stairs. Not much buildable land at all. I haven't been there for 25 years, but it was a fishing village with about as many bars as boats back then. Fairbanks is a different story. Endless tundra. -40 to -50 below in the winter fairly common. Hundreds of miles to anything resembling a city, and then you only get Anchorage. You have to have an unusual bent on things to want to live there.

To: bentway who wrote (275848)	9/15/2010 6:21:47 PM
From: John Vosilla	Respond to of 306849

A lot of the same issues in California... But very expensive places like Santa Barbara and Carmel...There also seems to be a ton of flat developable land nearby usually owned by the state or federal gov't or agriculturally zoned. Always a host of factors involved. Another one of those ironies is that liberal property rights issues actually do more to protect property values of existing homeowners. Overzealous rampant growth as occurred in all the ground zero bust markets do nothing to protect values.. I guess when your hood turns into a ghetto of $50k homes those conservative property rights and gun laws come in very handy<ng> Balance as always works best