I’ve been watching them too, and I have a lot of family that lives in that area, some with multiple properties. I agree the prices havn’t fallen to the levels you describe yet, but I can’t see how this situation can continue. There simply aren’t enough jobs out there that pay at the level to sustain these prices without exotic financing.
I wonder how much I can sublet one of my spare (rented!) bedrooms if one of my family loses their home(s)?
