FW: A note on the housing bubble

["Devine, James" <jdevine@xxxxxxx>]

Michael "the Chico Marx" Perelman writes:>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.<

the commute would be murder (but of course, that's nothing new, what
with all the freeway shootings).
JD