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Politics : PRESIDENT GEORGE W. BUSH

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To: Don Hurst who wrote (260845)6/3/2002 8:26:21 PM
From: bonnuss_in_austin  Read Replies (1) of 769670
 
I regularly check out the CFZ thread here on SI.

Just today, I think...recently, anyway, there were some personal observations about Northern California commercial real estate.

Obviously, it's in the pits. Here, too. Austin, specifically.

Dallas/FtWorth must be rather lame re telecom concentration there...

And Houston, of course. CPQ and the energy frauds.

Residential has to follow. I just don't see how refis can 'hold it up.'

Sorry for the pessimism, but I don't want to lose any more money.

All cash. No real estate. I have the flexibility to do that, though, that I realize most people don't.

bia
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