kingpins----yes i have applied my knowledge to an area of approx 600sq. kms, it is not immune to downturns or stagnation,one thing is apparent different market sectors have outperformed at differing periods of time and usually it coincides with business cycles,unfortunately i did not have this knowledge 25years ago,median prices are absolutely no indication of the state of the market unless you are able to analyse the specific data .
it always amazes me that city dwellers seem to think their choice was the underlying factor that produced success,in reality it is driven by a large number of factors and one that many probably dont consider is the real cost,in many instances if your employment is city based it is actually cheaper than operating two cars and all the time that dormitory suburbs consume(a dormitory suburb is one in which people predominately commute from over distances of 30km or more)
the main reason for posting is the tiresome amount of bear commentary with nothing to support a claim beyond a generalisation----it would be very positive if suitable anecdotal commentary was provided by bears afterall vendors in all climates some make a profit and others lose everything---you know what they say ----" you make all your money when you buy"---and that is one of my fundamental rules to protect your capital,no one can predict a left field economic collapse
