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Politics : Ask Michael Burke

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To: gnuman who wrote (72074)	12/18/1999 3:05:00 PM
From: John Koligman	Read Replies (2) of 132070

Gene, if one uses real estate as an example I would have to say yes! I enjoy those postings you put up every so often about silicon valley real estate. The 3 bedroom bungalow for 1M you showed last week 'took the cake' <gggg>. Will banks out there finance a large percentage of this type of house? I would think they would be concerned about getting stuck with a very large bag if things turn sour and a buyer walks away from a 1M house that looks to be worth about 75K in most parts of the US... Regards, John

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