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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread
VTI 338.73+0.7%Dec 10 4:00 PM EST
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To: Boca_PETE who wrote (1332)7/27/2001 7:40:30 PM
From: Cautious_Optimist   of 10065
 
Probable in some areas and segments here... but the demographic trends still point to explosive population growth in the next decade. I believe many of the traditionally expensive areas like Piedmont, Menlo-Atherton, Saratoga etc. and parts of San Francisco will be buoyant after some mild correcting. Around these parts, if home prices merely increase <10%/year it is a depression.

But never say never; over time economic forces are more powerful than salespeople and local industry spin; could get interesting if (less wealthy) squeezed property owners have to fold there hands after the XXth refinancing based on their higher-and-higher equity. Also, I hear from friends in the business that commercial rates are in steep decline in San Francisco and Oakland.

JMHO
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