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	<title>Comments on: Housing Affordability</title>
	<link>http://all-foreclosure.com/blogs/randomthoughts/2007/07/12/housing-affordability/</link>
	<description>Real Estate and Foreclosure</description>
	<pubDate>Mon, 01 Dec 2008 20:02:40 +0000</pubDate>
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		<title>By: smiley</title>
		<link>http://all-foreclosure.com/blogs/randomthoughts/2007/07/12/housing-affordability/#comment-3</link>
		<author>smiley</author>
		<pubDate>Wed, 25 Jul 2007 04:26:08 +0000</pubDate>
		<guid>http://all-foreclosure.com/blogs/randomthoughts/2007/07/12/housing-affordability/#comment-3</guid>
		<description>Anon,

Thanks for clarifying the Barnstable county location.  I'd suppose pretty much everyone is aware of Cape Cod, and I can understand why the perceived values are high.

With that said, I've pretty much always lived in close proximity to Left Coast beach communities/resorts.  Traffic sucks in the summer, you just adapt to driving in when traffic isn't bad, and making sure to get out before the outflow traffic begins.

When real estate cycles change, the high-ticket areas aren't impervious.  You'll never find values going so low that they'll be in the same realm as outlying "cheaper" areas, but prices will certainly take a clipping.

Waterfront will always be a draw, close to waterfront is still a good draw but somewhat more affordable.  If you have the time and patience to wait for opportunity, it will likely come knocking in the next few years.</description>
		<content:encoded><![CDATA[<p>Anon,</p>
<p>Thanks for clarifying the Barnstable county location.  I&#8217;d suppose pretty much everyone is aware of Cape Cod, and I can understand why the perceived values are high.</p>
<p>With that said, I&#8217;ve pretty much always lived in close proximity to Left Coast beach communities/resorts.  Traffic sucks in the summer, you just adapt to driving in when traffic isn&#8217;t bad, and making sure to get out before the outflow traffic begins.</p>
<p>When real estate cycles change, the high-ticket areas aren&#8217;t impervious.  You&#8217;ll never find values going so low that they&#8217;ll be in the same realm as outlying &#8220;cheaper&#8221; areas, but prices will certainly take a clipping.</p>
<p>Waterfront will always be a draw, close to waterfront is still a good draw but somewhat more affordable.  If you have the time and patience to wait for opportunity, it will likely come knocking in the next few years.</p>
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		<title>By: anon</title>
		<link>http://all-foreclosure.com/blogs/randomthoughts/2007/07/12/housing-affordability/#comment-2</link>
		<author>anon</author>
		<pubDate>Tue, 24 Jul 2007 01:49:50 +0000</pubDate>
		<guid>http://all-foreclosure.com/blogs/randomthoughts/2007/07/12/housing-affordability/#comment-2</guid>
		<description>Barnstable County is on Cape Cod, next doorish to the Kennedy compound in Hyannis. Overpriced? Well, I don't know. Everyone in MA seems to want to live on the Cape. I don't know why, since you can't make a left hand turn across any road until after tourist season. There will probably always be suckers for the Cape, but I imagine the summer rental market will slow down.</description>
		<content:encoded><![CDATA[<p>Barnstable County is on Cape Cod, next doorish to the Kennedy compound in Hyannis. Overpriced? Well, I don&#8217;t know. Everyone in MA seems to want to live on the Cape. I don&#8217;t know why, since you can&#8217;t make a left hand turn across any road until after tourist season. There will probably always be suckers for the Cape, but I imagine the summer rental market will slow down.</p>
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