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

To: John Vosilla who wrote (279532)	9/29/2010 5:45:27 PM
From: tejek	Read Replies (1) \| Respond to of 306849

Well many move or take some of their significant equity to other places they perceive as a good value plus very desireable. Maybe buy a second home or start a business in the new place spread the word to other like minded folks. You can see how it played out in the east quite dramatically too with NYC, Chicago and Boston equity relocation since the 1980's boom. Now you can probably add DC money to the mix in coming decades as being just as influential... I don't live on the East coast so I didn't know that NYC or Boston money was emigrating. Do you mean like to Vermont or NH?