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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 229.57

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To: fedhead who wrote (147216)	9/10/2002 2:19:49 PM
From: Bill Harmond	Read Replies (1) of 164684

Why should real estate crack? Rents keep rising. There's a housing shortage. Housing supply is way behind demand and demographics point to sustained demand. Building is very difficult because homesites are scarce, and development is politically difficult. Condo development is stalled because builders cant get liability insurance for building defects.

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