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Reply to "Mt. Pleasant craziness"
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[quote=Anonymous][quote=Anonymous]Not really a surprise that a bunch of rich, upper NW stay-at-home moms know nothing about economics. Mt. Pleasant isn't overvalued if that's what houses are going for -- it's called market value.[/quote] That's kind of tautological. Obviously people can and often do disagree as to whether the market values of different assets are justified or sustainable. I lived in Mt. Pleasant years ago when prices were much lower and, honestly, the neighborhood hasn't changed all that much. Other parts of the city have changed much more. [/quote]
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