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Technology Stocks : Novellus
NVLS 2.400+2.1%Jul 24 5:00 PM EST
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To: SemiBull who wrote (3440)5/29/2003 8:48:59 PM
From: Kirk ©  Read Replies (2) of 3813
 
How can property values to even hold firm when the white collar job flight - see todays WSJ from what I heard on this same topic midday EST on CNBC, for example - won't be coming back?

I bet some are still waiting for CA real estate prices to drop once the Gold Rush ended 150 years ago.

As for debt service, I believe you need to look at it on a percentage of cash flow just like for a business. I read the economy isn't coming back hard on lower rates because people are refinancing and using the lower debt service cost to clean up their personal balance sheets including increased savings. This is GOOD for the long term.
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