Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 179.26

+0.5%

3:59 PM EST

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To: ggamer who wrote (87587)	11/16/2000 3:22:30 PM
From: Ingenious	of 152472

ggamer: i think real estate is a great investment but it depends on the kind of real estate and where you buy. it also depends on diversification, location of property etc. personally, i think it is a great time to buy some income property in east palo alto. people need reasonable housing in the south bay and east palo alto is it. buy a few houses there using leverage and watch them appreciate 20-30% annually. on the other hand, the so-called million dollar estates are sort of flat. sure, homes are not selling like they did 1-2 years ago but they have appreciated (?) and sell for $1-5 million for a simple 3 or 4 bedroom in Los Altos, Palo Alto, Menlo Park etc. I dont think these houses will drop more than 10-15% but they arent going up either.

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