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Old 11-17-2005   #1
AJ
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Join Date: Aug 2003
Location: Crystal, MN
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Is the housing boom over?

http://money.cnn.com/2005/11/17/news...ex.htm?cnn=yes

I think we can all agree no matter what the case it's better to buy a house than to pay rent in terms of getting something of value out of your money. But with rates jumping the amt of new homes getting built has dropped. And values of homes are not going up as fast as they did a year ago.

So what does everyone else think? Will it be more location dependant over the next few years for value to go up at an above average pace?
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