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: Tradelite who wrote (39025)	8/25/2005 2:14:16 PM
From: Live2Sail	Read Replies (3) of 306849

Haven't been paying too close attention to this "tech central" thread, but would like to chime in. I went to college at one of the big-three schools of the Research Triangle. RTP has been trying to hype itself for years. After getting my PhD in E.E., I looked at tech jobs in Austin and Portland. But, if you want tech-central, it's Silly Valley, for sure. Drive down 101 from Palo Alto to San Jose, and you will see the companies that produce every product inside your computer. There's no comparison to the density and impact of tech here vs. anywhere else. Tech is all some people know. Techies work 60+ hours/week, and it's all some had in their stock portfolio. Stockwise, the crash had a much greater impact on wealth here than elsewhere. I disagree with Lizzie Tudor about the ongoing recession here. Software is bad but there was such a ridiculous glut of software companies that it was unsustainable. Hardware has recovered nicely. Jobs are not hard to find in hardware. L2S

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