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

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To: BigBull who wrote (91249)	4/6/2001 7:54:52 PM
From: XBrit	Read Replies (3) of 436258

<<I vividly remember what happened to Northeast residential real estate boom after the '87 stock market crash.>> Me too, I lived in White Plains at that time. Our house there lost about 30% in value between 87 and 90. See my message to Cobalt, I agree with you. I believe I am now watching exactly the same process here in San Jose 13 years later. Eerily similar... the house in White Plains had a couple years of 20-30%/yr appreciation in 86 or so, followed by a stock market crash then a RE crash. And I think that's exactly what we're seeing in San Jose right now.

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