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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Les H who wrote (83293)3/21/2001 9:46:34 AM
From: TheStockFairy  Read Replies (2) of 436258
 
<<In January, the median price of a single-family home sold in the San Francisco Bay Area hit $472,280 — up 21% from the same month a year before. >>>

It's never going to end. There is an endless demand for expensive housing. Prices are going to continue to climb forever. It will be relentless. In 20 years we will look back on this time and say housing was sooooo cheap. I think the housing market is going to grow at a 21% clip every year. There is no turning back. This is a new era in real estate. Old metrics for real estate pricing don't apply anymore.
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