Housing madness continues

[Guest.Visitor]

I gotta think that the housing price boom will eventually bust. Last year the soothsayers said it would be burst by now, but in reality home prices jumped 23%. Currently, in my county the median selling price for all homes (including condos) is $526,510 with single family homes in my city being $1.18 million. At this rate I won't need a 401k. Some day this must end as my children won't be able to purchase a home before they're 40! But I don't see a quick end in site unless interest rates rise dramatically. Ref: http://www.latimes.com/news/local/la-me-econ10sep10,1,1489991.story?coll=la-headlines-california chuck Opinions expressed are not necessarily those of my employer.

[R.Daugherty]

A lot of games being played to push everything into the future. When the future arrives, watch out! Or does the future ever arrive? rd

[Guest.Visitor]

The future is always more interesting then the present. chuck Opinions expressed are not necessarily those of my employer. "Ralph Daugherty" <Ralph_Daugherty@mcpressonline.com> wrote in message news:6b17194c.0@WebX.WawyahGHajS... > A lot of games being played to push everything into the future. When the future arrives, watch out! > > Or does the future ever arrive? > > rd