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AMZN 228.28-0.6%11:43 AM EST

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To: Robert Rose who wrote (122482)4/2/2001 3:11:56 PM
From: GST  Read Replies (1) of 164684
 
Half the real estate trading a $1 million plus here is traceable to the 408 area code. When Japan had their bubble, real estate tripled in a few years, the got cut in have after the bubble burst. California had been stoking a new run-up in prices -- draw your own conclusions about what happens next. Lots of people have "doubled their money" in the last year or so on real estate here -- but they need to remember, you only double your money if you sell.
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