SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lizzie Tudor who wrote (69326)12/24/2006 6:23:43 PM
From: Wyätt GwyönRead Replies (1) of 306849
 
You cannot apply Austin real estate values to the market here.

i didn't say to apply Austin values. i used the word "longitudinal"--that means compare the Bay Area today to the Bay Area in the past. on that basis it's a bubble. of course if you compare to other areas of the country it's even more of a bubble, which is why companies are now staying away in droves.

all that has happened is those people that stuck to those "rules" ended up losing out on great opportunities.

that is the typical attitude one finds in CA. it is like people who bought Cisco at 5 telling everybody about the great opportunities they missed when Cisco is at 82...right before it begins a plummet to 8 and loses more market cap dollars than any company in history.

California real estate today is like Cisco at 82.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext