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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (114268)	5/26/2012 2:46:01 PM
From: tejek	Read Replies (2) \| Respond to of 149317

How '[cheap' were urban parts of OR and WA in 1995 versus 1975?. I can tell you NYC was still high even after the 1990-95 crash. Today the good areas are perhaps up 4-5 times from 1995 and 10-12 times from 1975. The 1975 housing price median in the US was around $40K: census.gov I suspect Portland and Seattle were both around that price. In the late sixties, Seattle experienced a severe recession after Boeing did a major layoff. That's when signs went up saying the last person leaving Seattle please turn off the lites. I am sure housing prices were severely affected. Now today in the really rough ghettos and far out exhurbs of the metro area seems prices have crashed maybe as bad the ground zero sunbelt markets. What I am counting on here is that prices will recover fairly quickly. At least that's what I am hoping.