Originally Posted By: Salmo g.
And then there was the direct adverse effect, which you may be a part of as a WA homeowner. Folks from CA sold their CA residence for what amounts to a small fortune here, then move to WA, plunk down cash for a premium residence, thinking it's a bargain, but effectively driving up real estate prices for locals who have to come up with the money off the local economy.
that's my gripe. i don't know if i'm ever going to be able to afford a house at this rate, much less one that i'd want to own!(i'd rather live in an apartment the rest of my life than one of those cookie cutter houses in a tract that's 3' from the neighbors on all sides).