[quote=spdrun](1) People who sold property abroad
(2) People moving in from areas where property held its value (NYC or DC)
(3) People who took good advantage of the Bernankesized stock market and didn’t get burned.

This still doesn’t help the average American schmuck.[/quote]

Well, maybe we should consider then beyond the average american…And consider more economic issues. If there is healthy demand and if the USD continues to weaken, is the demand for good U.S. RE really going to go down…

And if someone buys a home out right, as was discussed and argued by others on another thread, what real risk do they end up having if there is an economic downturn….

I almost had a feeling that I was the only one that wrote a standard offer with a loan…..

It was definitely an eye-opener for me…It’s as if here in the U.S. we’ve been asleep, and others have caught up…In just a few years…