Posted by JPiper on May 04, 1999 at 09:15:11:
It’s not a question of the absolute price…it’s a question of your relative price. A $200K house bought for $140K is still a good deal in any market. “High” is a relative term.
JPiper
Inflated Markets - Posted by brendan
Posted by brendan on May 03, 1999 at 17:18:33:
Are there people here who invest in the San Francisco Bay area? Homes are way expensive here and it’s rare to find a house that’s less than 100,000. I’ve even read that SF has the highest property values in the US right now.
Would it be wiser to look elsewhere for opportunities, or should I stick with the areas I know even if the prices are high?