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Claeren · 02-13-2008, 06:00 PM

I just looked up Denver, Dallas and Minneapolis - all large diverse relatively wealthy American cities. All have metro areas many times the size of Calgary and therefore should have more self-sustaining population demands on housing prices and far more scarcity in prime product.

All have average housing prices BEFORE the current slump of between $225,000 and $260,000.

And all have very few districts in the entire metro-area's with average pricing above our city wide average. Or in other words, not even the wealthy are shelling out $500,000 for there wealthy-people homes - the same amount the middle class is expected to spend for the privilage of living in McKenzie Town or Royal Oak.

Claeren.

02-13-2008, 06:00 PM	#173
Claeren Franchise Player Join Date: Jul 2003 Location: Section 218 Exp:	I just looked up Denver, Dallas and Minneapolis - all large diverse relatively wealthy American cities. All have metro areas many times the size of Calgary and therefore should have more self-sustaining population demands on housing prices and far more scarcity in prime product. All have average housing prices BEFORE the current slump of between $225,000 and $260,000. And all have very few districts in the entire metro-area's with average pricing above our city wide average. Or in other words, not even the wealthy are shelling out $500,000 for there wealthy-people homes - the same amount the middle class is expected to spend for the privilage of living in McKenzie Town or Royal Oak. Claeren.