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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 12 4:00 PM EST

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To: Tunica Albuginea who wrote (55445)	6/27/2000 1:25:00 PM
From: Jon Tara	Read Replies (2) of 99985

Tunica, try and RENT a house or apartment here in San Diego. GOOD LUCK! A friend bought a condo in a not-so-good area 6 months ago for $150,000. He just listed it at $250,000. Indications are that he will get what he is asking. Unemployment here is 2%. And that's with an ample supply of illegal Mexican workers. The housing supply here is severely constrained. (Although the largest single housing development in U.S. history is now underway in the South Bay area.) Maybe it is a local distortion, but what I am seeing is completely consistent with the statistics.

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