California real estate ...

Doug Henwood dhenwood at panix.com
Mon Apr 5 11:46:28 PDT 1999


Jordan Hayes wrote:


>California real estate, I maintain, is not (yet) a bubble.

There are ways to value real estate - against, say, local incomes. I'm guessing those numbers are high in California now, but not off-the-charts high; maybe someone with good stats can correct me. The U.S. stock market is off-the-charts high.

Doug



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