Monday, December 19, 2005

Bubble?

According to this table – LA is going to take its first major real estate hit in 2007. Vegas will take its next year. I don’t think any bubbles are popping, but it looks like the air is already being let out of the balloon in the US. But who knows, the real estate market has defied so many predictions over the past few years that the party could last a little longer…

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