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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (34969)	4/25/2000 12:03:00 PM
From: Dr. Mitchell R. White	Read Replies (2) \| Respond to of 70976

Gottfried, Continuing the Off-Topic discussion: Sunnyvale? Near Lockheed? I visited there in 1996, I think it was. Yes, I think 6% flat is too much. I saw where somebody was saying they thought 6% up to some cap was more reasonable. I'd agree with that, especially with as much turnover as we're seeing. About 20% of the houses in my neighborhood (all less than 5 years old) are sold each year! Lots of young techie families, company moving them about, etc. There was one week in March where 6 houses sold in my neighborhood, all of them before a realtor could even post a "For Sale" sign! Amazing. And all for asking or above, as you noted. My wife will undoubtedly be asked to relocate to Silicon Valley some day, I just hope it ain't soon.... Mitch