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Gold/Mining/Energy : Gold Price Monitor
GDXJ 101.44+3.5%4:00 PM EST

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To: Rarebird who wrote (51349)4/12/2000 10:09:00 AM
From: LLCF  Read Replies (1) of 116756
 
OT: <It depends on the area. Buffalo, NY, I've been told, has seen their property values depreciate year after for quite a while now.>

My Grandmother had a pharmacy [& soda fountain of course] in downtown Syracuse untill after the war. She was kicking herself at that point for not buying the property in the 30's which she could have done because after the war rents got so high it forced her out.

Granny died about 6 years ago and I was up in the area sorting things out. The building was a mess and for sale for a comparable amount that she could have bought it for in the 30's. The malls on the outskirts of Syracuse have supposedly driven downtown back to depression era prices.

DAK
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