Central to where there is job density, and more higher paying jobs are located perhaps?
Areas where prices were lowest to begin with, and have been hit the hardest. These areas by definition are the least desirable, or they wouldn’t be the cheapest. Supply and demand and all that.
I agree completely with recordsclerk. It looks like you read it as a personal attack, I’m not sure why.
A co-worker today picked up a forclosure for 50% off from the peak, because he was tired of commuting 3 hours each day and buy now equals rent for that property. Bargain hunters are starting to come out. (Although I would agree, we aren’t at the bottom yet)