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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Joe Lyddon who wrote (51972)	6/4/2001 11:58:13 PM
From: Starlight	Respond to of 57584

Joe - We're already seeing small businesses close here in San Diego due to high energy costs -- restaurants, dry cleaning firms, etc. This is bound to snowball if costs don't moderate over the summer. Also, we've been lucky so far in that our spring has been pretty cool and people haven't had to run air conditioners much. When the heat kicks in and people see bills sky-rocket, it's going to get worse. That's when there could be a big exodus that hits the real estate market. For now, though, demand is still pretty high. We'll see what happens 3-4 mos. from now. It could get very ugly. Betty