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Politics : High Tolerance Plasticity

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To: Think4Yourself who wrote (4238)5/7/2001 3:39:13 PM
From: Warpfactor  Read Replies (1) of 23153
 
JQP,

The forthcoming plunge in housing prices should be limited to the Bay Area with its Tech/Net centric exposure. LA and the rest of the state shouldn't be hurt as bad. However, if energy prices skyrocket again and energy intensive businesses start shutting it down, this would hurt the rest of the state and provide a double-whammy for Norcal.

E-play, I didn't even know you could cram 3BR and 2BA into 1200 sq. ft..?? As I recall, in South Carolina, it is desirable to have a "marsh view" (aka swamp view). Where many a family pet have worked their way into the reptilian food chain.

At any rate, it should be an interesting experience entering the housing market during a panic buyers market. Many of these announce layoffs haven't taken effect yet. Of those that have, most are still burning through severance pay. A couple months more and thing should start getting interesting.

Warp
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