Solaris posted this over in the real estate forum... but I thought it was somewhat relevant here to some discussion:
These prices are downright outrageous. Adam Vaughn and his quest to get families to move into his ward has demanded some of these 3 bedroom units for example. But as I said in the other forum, what family in their right mind would spend nearly $700,000 for a tiny 3 bedroom unit to stuff their family in when they could get a massive house out in the burbs with a big backyard to boot.
Anyway ignoring the 3 bedroom units... even the rest seem quite high. I'm not one to predict the collapse of the housing market, but even I feel buying at these prices at this time is a bit of a gamble.