Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: XBrit who wrote (91257)	4/6/2001 8:53:23 PM
From: marginmike	Respond to of 436258

I think Northeast will get slammed again. I made my first fortune thanks to all the buildings I bought from Citicorp. I am assembling the resoureces and people to by Real Estate in SOIZE in about 12-24 months.

To: XBrit who wrote (91257)	4/6/2001 10:34:58 PM
From: BigBull	Respond to of 436258

Eerily similar? Well I kinda like "hauntingly familiar" myself. Yup, had the same 25 year old making undeserved millions syndrome. Masters of the Universe all, until the party was over and they had to fight off Abdulla for a job drivin' taxi's on 125th street. I like marginmikes idea, SOIZE matters. <g>

To: XBrit who wrote (91257)	4/7/2001 9:04:15 AM
From: Ilaine	Read Replies (1) \| Respond to of 436258

We had the same thing here in Northern Virginia. We moved here in 1988, and were renting because we just couldn't afford to buy. Everyone was telling us what a great investment real estate was. But back in New Orleans we had just gone through a real estate bust because of the oil bust. So I would tell people that housing prices can go down and they would laugh at me. Then came the bust, which took a long time to work out here. The house we bought in 1999 sold for 10% more than it did in 1989. That's not a great investment.