A note on the housing bubble

To: pen-l@xxxxxxxxxxxxxxxxxxx
Subject: A note on the housing bubble
From: Michael Perelman <michael@xxxxxxxxxxxxxxxxx>
Date: Mon, 01 Apr 2002 16:45:13 -0800

Here in Chico, housing has been booming for quite some time.  The
realtors explain that majority of the increasing demand comes
from people in more southern parts of the state whose houses have
been soaring in value.  They sell out, buy a comparable or bigger
house here, and pocket a tidy sum.  We're expecting Jim Devine to
move here soon.

Tim Bousquet, of course, is much better information on this than
I do.

--

Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael@xxxxxxxxxxxxxxxxx

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Thread context:
- RE: Jonathan Swift returns, (continued)
  - RE: Jonathan Swift returns, Devine, James Wed 03 Apr 2002, 17:57 GMT
    - PBS series on world economy, Louis Proyect Wed 03 Apr 2002, 18:11 GMT
      
      Re: PBS series on world economy, Michael Perelman Wed 03 Apr 2002, 21:47 GMT
      
      Re: Re: PBS series on world economy, Joel Blau Thu 04 Apr 2002, 00:23 GMT
- A note on the housing bubble, Michael Perelman Tue 02 Apr 2002, 00:52 GMT
  - <Possible follow-up(s)>
  - Re: A note on the housing bubble, Sabri Oncu Tue 02 Apr 2002, 02:55 GMT
    - Re: Re: A note on the housing bubble, Michael Perelman Tue 02 Apr 2002, 03:09 GMT
  - FW: A note on the housing bubble, Devine, James Tue 02 Apr 2002, 03:04 GMT
- BLS Daily Report, Richardson_D Mon 01 Apr 2002, 22:08 GMT

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