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maddythebeagle · 07-04-2005, 11:22 PM

Isnt it high wages in certain areas that are driving up the prices? I dont think that helps that the no interest loans are becoming popular. I suppose folks in those "high wage areas" that arent high wage want a way to buy in at the inflated prices.

I have a hard time comparing this to the internet bubble. Housing is supported by supply and demand. Internet stocks were suported by a few ridiculous snake oil analysts convincing the sheep that the rules had changed.

07-04-2005, 11:22 PM	#10
maddythebeagle Thinks s/he gets paid by the post Join Date: Jun 2005 Posts: 2,450	Isnt it high wages in certain areas that are driving up the prices? I dont think that helps that the no interest loans are becoming popular. I suppose folks in those "high wage areas" that arent high wage want a way to buy in at the inflated prices. I have a hard time comparing this to the internet bubble. Housing is supported by supply and demand. Internet stocks were suported by a few ridiculous snake oil analysts convincing the sheep that the rules had changed. __________________ - Hurry! to the cliffs of insanity!