The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (6310)	10/28/2002 1:59:38 PM
From: ild	Read Replies (1) of 306849

Elroy, thanx for details. I guess their 1,000,000 sq.ft. number was also not correct. What in your opinion contributes to the strength in LA RE market? Are fundamentals in LA economy very sound? The only pocket of strength I see is entertainment. The manufacturing is floundering. The other big plus is climate, but in this regard Orange county is better (yes, I live in OC). My niece is about to make an offer for $800K+ house in Studio City. I'm looking for reasons to talk her out of buying RE for a couple of years. EDIT: Just read your next message about jobs in LA. Thanx for information.

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