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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: MulhollandDrive who wrote (6927)11/18/2002 7:50:29 PM
From: Lizzie TudorRead Replies (3) of 306849
 
There's a lot of dynamics at least in N California that say to me those growth projections won't be happening.

For one thing, the H1B immigration group is no longer relevant - companies just outsource those jobs to remote locations now. Thats a huge group of immigrants right there.

They always make those growth projections at the top of cycles, I find.
Lizzie

PS a real estate segment on CNBC said San Francisco is 17% overvalued and NYC is 45% overvalued! Anybody hear that? Interesting.
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