first time buyers

Polls Round-up

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Well, I was looking at the polls, the sample size is statistically insignifant so far, the methodology is suspect, and okay, I did vote myself a couple times, but here's what I 've noticed.

1) Houses prices in the $300,000 range are most popular. Is this realistic? Maybe not, locally, that would mark a 30% retracement from current median prices - in California, even moreso. Cool. One thing is certain, even at $300,000 houses would be barely affordable for most first time buyers, unless interest rates go way down....

2) There's a strong consensus that the US sub-prime housing woes will spread to Canada, even if the pundits in the media are still only dispensing this possibility in code.

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