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BubbleWatch™: Dartmouth MBAs Sour on Houses

Finally, the bubble survey we've been waiting for. Fourteen hundred graduates of Dartmouth's Tuck School of Business have weighed in on the state of real estate investment. Their take? 94 percent said they'd prefer stocks over houses for growth over the next five years, while 76 percent said they'd avoid houses altogether as a growth investment. Meanwhile, 72 percent said they'd wait to buy in hot areas like New York, San Fran and Miami. Which is all very shocking, given that, at one time or another, each of the surveyed grads of the New Hampshire school had no trouble moving to the middle of fucking nowhere.
· MBAs Doubt Real Estate [NY Post]