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Real Estate
Reply to "Are we in a housing bubble?"
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[quote=Anonymous]460K to 515K in six years seems like reasonable appreciation. Same with 650Kt o 775K. If you had said the home prices were nearly doubling, I would agree with you. In some neighborhoods they have doubled, but that is a function of supply (limited) and demand (steady to increasing) relative to expectations about schools. To that last point, there are plenty of houses, just not in the neighborhoods where most people want to educate their kids.[/quote]
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