Quote:
Originally Posted by kahljorn
Really? In california houses are ridiculously expensive right now, 400,000 for a house you normally wouldn't pay 250,000 for. I don't think interest rates make up for that
Are houses cheap where you guys live right now?
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$25,000 gets you two bedroom in misouri any day of the week.
When the interest goes up you californians are REALLY gonna get it in the housing market.
I think people buying collectibles isnt a sign of investment, but rather a sign that people have money enought o spare (or are to stupid to budget, it's the second one in missouri)