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.
Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Warpfactor who wrote (77890)11/4/2000 2:02:09 PM
From: jim_p  Read Replies (2) | Respond to of 95453
 
Warp,

Hold on to your money for a few more years and homes in high tech areas of CA will be a lot cheaper.

The lay off's in tech land are just now beginning. We are six months into the unwinding of the tech bubble, the consequences of which have not even begun to appear in any statistics. Don't forget how long it has taken other bubbles to unwind, over 10 years in Japan. Not only are we not even on first base, but the pitcher has not even thrown the first pitch.

Jim



To: Warpfactor who wrote (77890)11/5/2000 8:52:47 AM
From: Oak Tree  Read Replies (1) | Respond to of 95453
 
Warpfactor, Come move to Rochester NY. Great sailing, good skiing within 30 min, fine kayaking and great arts events. For 300K you buy an antique hard wood and slate roofed 5000 sq ft castle. We also have half a dozen public schools in the top 10 or 20 in the country.



To: Warpfactor who wrote (77890)11/6/2000 11:44:04 AM
From: Meridian  Read Replies (1) | Respond to of 95453
 
Warp, California real estate will dive when the economy slows further ... you should short Kaufman & Broad (KBH) a housing company w/ concentrated land/home sites in CA. And use the proceeds (when the stock tanks) to put towards a downpayment on a home (which just tanked). The unreal appreciation in CA homes can't continue. Further, I think it's very linked to the stock market, in that people are using home equity loans to play the market, which has been affording them the ability to overpay in orders of magnitude for homes all over the US. If the market cracks, so goes CA real estate, setting you up perfectly.