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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: ggamer who wrote (4676)8/26/2002 10:01:32 PM
From: Lizzie TudorRead Replies (1) of 306849
 
I'm not in the real estate business, but I have thought about your question quite a lot. I determined that the best way to hedge expensive BA real estate is to either 1) somehow acquire an office bldg in the bay area (reit or partnership) at 80s prices or 2) buy cheap, otm puts in cisco or another large BA employer.

I likely won't do either of these, (they are imperfect, I know)... but the issue is the price of homes is artificially inflated thanks to the 90s internet bubble and appears to be working itself out- slowly, in the meantime you have to live somewhere, so what to do?

There's a little too much money at stake to ignore market fluctuations here, imo. I know, a home is more than an investment... but thats if the price is reasonable to begin with.

The townhouse that I am buying is very unique with a good size yard and panoramic views of the bay area.

panoramic views? That wouldn't be in SF would it?
Lizzie
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