[VerySadAmerican]

I don’t know that this class is ruining America but I do know they’re growing and the middle class is disappearing.

Here in the Houston area $500,000 homes are selling like hot cakes. A friend in the business told me yesterday that when she tells prospects the houses “start at $580,000 the response is “That’s not bad.” Three years ago it was hard to sell a $200,000 house in the same area. I don’t know where they’re getting the money. And I feel like the bubble is getting bigger and bigger.

[VerySadAmerican]

By the way, good for them. I just wish I could figure out how they’re doing it.

[E. Pluribus Unum]

Here in the Houston area $500,000 homes are selling like hot cakes.

Not for much longer.

Houston has seen more real estate boom/bust cycles than just about anywhere else in the country.

Soon you will be able to get one of those $500,000 houses for $70,000.

[Graybeard58]

I don’t know where they’re getting the money. And I feel like the bubble is getting bigger and bigger

I used to watch the t.v. show, House Hunters" back in the day before every other couple they featured was queer. I wondered the same thing, "where are they getting the money"? Fairly young couples who don't even flinch at million dollar price tags or even multi millions.