Quote:
Originally Posted by Jeff Stout
What's your point? My employees mother has a house at the base of Camelback mountain in Phx that was 1.1 million last October. As of Monday it is 1.5 million. 400k gain in 7 months.
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The point is housing in California is high and getting higher. The average blue collar worker can no longer afford these prices so they are leaving. I would sell that property and move on.