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Old 11-28-2007, 03:10 AM
Ray Zee Ray Zee is offline
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Join Date: Aug 2002
Location: montana usa
Posts: 4,803
Default Re: Lower home prices everywhere

except in certain markets home prices trend with the income of its residents. it has to be that way. it has risen too fast in lots of markets in the u.s. the last ten years so they have some leveling out to do. the big effect is that the overly aggressive rate of new building has stopped in its tracks. with only the projects that were on the drawing board continuing forward.
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