Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Richard Wang who wrote (113107)	5/28/2000 12:34:00 AM
From: Joe NYC	Read Replies (2) of 1574417

Richard, I don't live in that part of the country. I came across the article, and since there was some discussion of the skyrocketing real estate prices in SV, I posted it. BTW, I live in the other part of the country that is seeing similar "irrational exuberance" in the real estate prices - Manhattan, and the rest of the NY, NJ, CT Tri-State area. OT Re: Rising real estate prices These are not measured in CPI, but in some parts of the country, namely NYC and SV, the housing costs can make up 1/4 to even 1/2 of disposable income. If the prices of the same houses / apartments double in 2 to 5 years, what is the resulting inflation? (Hint: It's not 3%) Joe

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