Useless Advice About the Bubble

Move to Rochester, New York? Maybe get a job along the Eerie Canal; that area of the country is due for a turnaround. I here Rochester is going to be the next Buffalo, which was the next Cleveland last year; right before Cleveland was the next Baltimore and Baltimore became the next Boston.

“-- Consider slow- or no-growth markets for investment. Be a contrarian if you can afford to take some risk. More affordable markets where prices have declined or slowed include Rochester, New York (down 0.13 percent in the first quarter); Sioux City, Iowa (off 0.28 percent); Austin, Texas (down 0.12 percent), and Mobile, Alabama (down 1.31 percent), according to the Office of Federal Housing Enterprise Oversight.”