Quote:
Originally Posted by fotze
Its not a sure thing (although chemgear would argue it is then mention a big oil bonus for some reason I can't figure out)
Houston would have the Calgary like very healthy employment numbers, but does not have the stupidly overpriced Calgary home prices. You would not be wise to lump it in with Vegas or Florida. But that being said, who the fata knows what home prices will do.
Flobulous is right, stay for a year and talk to people who have lived there forever and get a feel for it.
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I would agree long term, but short term the whole US market is jittery and on edge, I'd be leary of buying anywhere if I was looking at selling it again within a few years.
Its cold comfort if you take a 10% loss only for the market to rebound 6 months after.