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And, when Bill Gates walks into a big-city Salvation Army soup supper, on average, everyone there is a millionaire.* Even here, in this out-of-the-way metro area, the number of cash sales of modest properties in the west end of cities on both sides of the river has increased significantly. I don't think that people who worked at, say, Tyson Meats, and who would've been over the moon to gain title to a 1,200 s.f. house with a yard, had suddenly come up with $150K in cash. It appears that it's something else here, too. But then, my model for home ownership was best described by George Bailey in trying to stave off a run on the Bailey Brothers' Building and Loan in that post-WWII movie about doing the decent thing. It strikes me that the "something else" we're getting here is more "Old Man Potter", and the wonderful life that Clarence would rescue us to will look a lot more like Potterville in this brave new world. Thanks for the points about survey design, too.

Tim L, Just up the Hill from Lock 15

*Also, if Mark Zuckerberg walked into the same soup supper, on average, everyone there would score as "a pretty decent guy" on the decent guy scale. Even him.

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