[WSSix]

I bought my house 3 days after it hit the market because it was what I wanted and I had to. The houses were moving very fast in this area. I'm in one of the very few areas that's still affordable for it's location.

I'm convinced the areas around Atlanta that I was looking are too hot to sustain. I got lucky I was able to get in where I am.

Housing prices and trends in general have me concerned on many levels. Maybe it's the area I'm near and travel through, but good houses going for 500k+ only to be torn down and replaced with mansions that are squeezed onto the lot is too common for me to thing it's "normal" or sustainable. There're no starter homes or middle class homes in many of these areas. It's mansions or low end. I fear we'll end up like San Fran and other areas where housing is stupid expensive. Sure, as a home owner, I may reap the benefits of this, but the larger implications have me concerned.