Bubble talk

New York Times’ take here – registration is required, but you can
check out Bugmenot.

“”Americans are treating real estate
as a viable alternative to stocks and bonds,” said David Lereah, chief economist
at the Realtors association. And some are buying at least two properties at a

I haven’t seen our market
reaching these levels yet … we shall

If we ever get to this point, then I will worry.

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