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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: yard_man who wrote (41160)11/27/2000 5:22:31 PM
From: KeepItSimple  Read Replies (1) of 436258
 
>But we don't have a dangerous real estate bubble (like Japan did) on
>top of the stock market exhuberance <gggg>

LOL! I guess that's why the median home price in silicon valley is now 1.7 million dollars, according to an article i read last week at sjmercury.com

Does anyone have ANY doubts that 100% of those homes are being purchased with stock option cash? Not even a neurosurgeon makes enough money to afford that.

It's a very interesting way to view our society. No profession, even the most highly paid ones, can afford to buy a house in this area unless they're cashing out of tech stocks. If that isn't inflation, I don't know what is.
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