Thursday, August 18, 2005

Housing Bubble

The State of Long Beach Real Estate

Or Bubble Bubble Toil and Trouble


The bubble, the bubble - Oh no! The Bubble!!! 

Relax, there is no bubble. Here's why. California's Real Estate Market is
directly affected by one thing. Population. Everybody needs a place to sleep and
as long as our population continues to increase so to will the need for housing.
Be it home purchasers or renters - this market will remain hot as long as people
want to live in California communities. Do I smell a mass exodus coming?


Long Beach's population according to the United
States Census Bureau

Year Surveyed 2004 2000 1994
Population 476,564 461,522 429,433

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