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To: pater tenebrarum who wrote (67579)	10/8/1999 11:32:00 PM
From: Real Man	Read Replies (1) \| Respond to of 86076

Heinz, I agree, NY and Silly Valley comes to mind... But that's nothing like Tokyo - 89 (smth like the land under the Emperor Palace in the Center of Tokyo did cost more than the land of the State of California)

To: pater tenebrarum who wrote (67579)	10/9/1999 10:38:00 AM
From: Oblomov	Read Replies (1) \| Respond to of 86076

Heinz, that phenomenon is more pronounced in the larger cities with an affluent population. I know someone who bought a house in Boston three years ago for $120K, and just sold it for $350K. I have heard similar stories about Chicago and NYC - and of course, Silicon Valley. Although housing prices have appreciated in Indianapolis over the past 5 years, the greater problem has been urban sprawl. It's possible, however, that it is an endemic phenomenon and the sprawl has merely allowed prices to be contained. AA