Monday, February 3, 2014

Ca. Assoc. of Realtors Thinks Big about Growth, Jobs, Incomes, and Housing

Intrigued to see such a thoughtful and progressive piece coming from the CAR--click here to read the executive summary. 

See particularly the graph at p. 7.

I've been wondering recently if prices in Piedmont (particularly in juxtaposition to Oakland) have been so strong because there are just more folks at the top end with very strong incomes, for whom this town makes sense as a personal investment.  Median incomes are stagnating or declining, in the main.  But high-end incomes are very strong, meaning more competition for high-end homes.......

No comments:

Post a Comment