[ex-Texan]

Housing prices have nearly doubled here since 2003. On the coast, they went up about 60% last year alone. The realtors are urging everybody to ask top dollar and they have been doing that for about four years. The problem is local income. Wage earners do not have the earning power here than they do in most other states.

The flip side is obvious to me as well. Houses that were purchased last year on the coast may fall 50% overnight. There are only low wage jobs on the coast. The entire coast has signs warning of 'Dangerous Tsunami Waves.' There are rumors all time time about quakes off the coast. Many of those house have been built right on or very near the beach. One 6.5 and millions in real estate could be washed away.

[Torie]

My stuff in Tigard/Cedar Hills hasn't doubled. It has gone maybe 30%-40% since 2000. I guess I picked the wrong zip codes!