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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (51827)12/28/2000 9:51:23 AM
From: KeepItSimple  Read Replies (1) of 436258
 
>is it desirable to see California real estate prices inflate by 30%
>a year?

30% a year would be a radical slowing in some of the nicer neighborhoods of SF or Menlo Park/Palo Alto.

$20,000 teardown shacks on 1/5th acre of land routinely sell for 3 million bucks. And all of this- 100% - is paid for with tech stock options.

Nobody else makes anywhere near enough money to waste like that.

And nobody makes that much money period, now. :)
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