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I tender as evidence the following from a prolific, respected poster: "One person's "problem" is another person's "opportunity". The more pain we feel at a macro level the more of a hit property prices will take and the more cyclical the property market will become! If property just...

I opened the thread today to mention an article on US realestate in CNN today http://money.cnn.com/2006/05/03/news/economy/realestateguide_fortune/index.htm and all I found was a morality debate.

By your definition SC, I'm amoral. While I don't like being called so, I can live with it. By my definition half the posters on this forum exhibit similar morality in their greed and their approach to wealth creation. Such is life. I have a particular concern with the quoted text. Should I...

Don't you just love pop stars and Hollywood actors taking the high moral ground?

My understanding is that Texas has not had anything like the boom other more favoured states have enjoyed so any increase would be off a lower base. Also get the impression the climate is not well regarded and people don't choose it, but tax refugees from California don't care so much.