Applied Materials No-Politics Thread (AMAT) Message Board

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Technology Stocks : Applied Materials No-Politics Thread (AMAT)

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To: robert b furman who wrote (14470)	4/16/2005 2:52:14 PM
From: etchmeister	Read Replies (2) of 25522

Real estate is continue to go up in the Bay Area; Suburban areas within San Joaquin Valley are maxed out (Tacey, Modesto and Merced) and are running out of space. No more building in Turlock as far as I know. Brentwood in the Eastbay is like a little LA - Joan Baez used to own a lot of the land consisting of Orchard and corn which was sold to developers. Water is scare - it's a winter to winter deal praying for snowpack with high water content. So people started migrating North; people in Oregon were very upset californians driving up real esate; than people from Oregon started moving to Washington... and to TX (trading a CA crackerbox against a nice brick house in Austin) looking North of Golden Gate people migrating towards Santa Rosa; even 25 years ago or so people would commute from Santa Rosa (50 miles or so)all the way to S.F. Sure it's a bubble but there is real demand. Real estate in Germany is not really cheap either

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