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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TobagoJack who wrote (39429)10/10/2003 2:35:41 PM
From: energyplay  Read Replies (1) of 74559
 
If I was looking at California real estate, I would tend to look at Southern California - San Diego (biotech driven), Inland Empire (Riverside Area) and select parts of Los Angeles.

It may take a long time to make a decent return in the Silicon Valley area on residential property. One reason is demographics - Silicon Valley tends to be older people, and in the expensive areas like Atehrton, they keep retiring and/or dying, producign a constant supply of homes. A very strong economic recovery would be needed to ea up all that supply.

If you just want to live there, it's a great place....
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