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Lomita St, El Segundo, CA 90245, 5,884 4528 sqft property in El Segundo, CA
Kansas St, El Segundo, CA 90245, 2,660 Property in El Segundo, CA
Housing Gains But are housing gains really more stable? This is the billion question of the first boom in the 21st century. Are today's real estate revelers partying like they did in 1999 - just before the stock market bubble burst? To some economists the housing market - especially in hot coastal areas like the Lower Mainland and Greater Victoria - is a bubble just as ripe for popping. The main reason, they say, is that there is no reason for it. Prices in certain areas have more than doubled these past three years and there is no fundamental to account for it. Not even the 2010 Winter Olympics which, they say, are still five years away.
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