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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: marginmike who wrote (87655)	11/16/2000 5:50:08 PM
From: max_a_million	Read Replies (1) \| Respond to of 152472

You Guarantee it, huh?? Where are your facts to support this? Do you really think that ALL real estate in EVERY city, regardless of the supply/demand in that city, will follow the demise of the stock market in lock step. What you are casually overlooking is that real estate is not only a channel for investment dollars but also provides a basic need in the form of shelter. So when a techie moves to SD to work for QC, Nokia, Ericy… he has to bit the bullet and pay the market price. The fundamental question here is: are we in an era of market expansion or contraction? Most people agree that we are in a period of expansion? Where is the expansion likely to take place, ie SD, SF, Dallas…? How can prices in these cities drop while expansion is occuring at a pace which FAR outstrips the supply of housing, keeping in mind that vacancy rates are already uncharacteristically low? Outside of a total market recession, which would surely put a halt on this markets expansion, your argument is unfounded and is based on your personal opinion. Over the years I’ve read many of your posts and have found then them very insightful. But in the case of RE in high tech hubs such as SD, you are dead wrong!