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To: Terry Whitman who wrote (102844)	5/17/2001 12:16:07 AM
From: LLCF	Read Replies (2) \| Respond to of 436258

RE: Real Estate Unfortunately it's "location, location, location"... I feel like it will do well with the coming inflation orgy, but my comment isn't worth much not knowing the area, demographics, etc. My Grandmother got forced out of her building in upstate N.Y. where she had a pharmacy after the war due to rocketing rents and land prices... the same building she could have bought for a song 5 years earlier... [depression]. At the time of her death the building is boarded up mess and was available for about what looked like a bargin in the 30's. I'm sure the same story is true throughout the shrinking farm towns in the midwest currently... meanwhile in the 'right place' real estate has never been more expensive. Glad to be of no help -ggg- DAK

To: Terry Whitman who wrote (102844)	5/17/2001 12:43:51 AM
From: Broken_Clock	Read Replies (1) \| Respond to of 436258

terry, Are you a speculator or an end user? In Walnut Creek, bedroom to SF and Silicon nutsoids, prices are supposedly dropping rather quickly. In Japan, saving cash at 0% interest is a positive. The asset that was 100k last year is 70k this year during deflation. IMO, it's a 50/50 shot. Inflation or deflation. BTW, real estate is my profession. I'm not convinced we will have runaway inflation. I think debt will pop the balloon. In any case, the extremely wealthy will do fine. The middle and lower income will struggle. Who will the buyer for your land be? What is your exit strategy? I always tell buyers, "Are you willing to live there and can you afford to if you have to live there?"