Tuesday, December 20, 2011

A Look Back at the Housing Bubble

Happened to use Zillow to check some housing prices. As we can see, in this area in Manassas Park, VA the housing bubble collapsed and has not recovered.

I think it's a true fact Manassas Park was home to a concentration of Latino immigrants, many in construction.  So when the bubble popped, along with a hostile political climate in the county (Prince William), lots left, and prices fell accordingly.

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