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The Masked Tulip

California Dream Goes Bad

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"It was all about housing price inflation and the quality of life. The phrase that stuck with me was a line from someone who decided that it didn't make sense to pay half a million dollars for a home in a new tract suburb in the desert, with three hours of driving every day."

"That's no exaggeration. The median home price in the Los Angeles area is about $500,000, and I really doubt that executives at a car company will put up with what the median will buy. Around Nashville, the median home is more like $160,000. If you were paying people the money they use to pay for houses, you tell me where you'd rather locate them."

Pity UK companies do not think this way.

http://www.fool.com/News/mft/2005/mft05111109.htm

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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