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Post a Comment On: Steve Sailer: iSteve

"More subprime clues"

2 Comments -

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Anonymous Anonymous said...

Having just moved out of SF, I find that chart really hard to believe. I was having a subprime mortgage pushed on me so that I could own a brand new cruddy condo practically every time I left the house.

11/7/07, 9:25 AM

Anonymous Anonymous said...

many places on the list are economic oases, surrounded by areas where jobs are dwindling, which helps depress housing demand. Yet the college towns themselves are thriving...

In other words, your taxes and mine are a big part of it. There's four things they're not building much more of: downtowns, coastline, colleges, and capitols. Find a home in one of these areas and you're set. Colleges, downtowns, and state/federal capitols get huge subsidies from the taxpayers, almost guaranteeing they'll be nice places to live, and the appeal of living near the coast is obvious.

11/7/07, 9:43 AM

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