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Reply to "Mt. Pleasant craziness"
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[quote=Anonymous][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] No one said its veer priced. It's obviously what the market will bear. I think the question revolves around where is the value for those market prices. People paid exorbitant prices for tulips in Holland in the 18th century. It doesn't mean those tulips had inherent value.[/quote] Great response![/quote]
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