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To: cody andre who wrote (41108)	5/11/2002 7:55:41 AM
From: Zoltan!	Respond to of 41369

I agree. Real estate prices usually fall after stock prices. That looks like a good stock to sell.

To: cody andre who wrote (41108)	5/11/2002 12:23:02 PM
From: John Chen	Read Replies (1) \| Respond to of 41369

cody,re:"not supported by layoffs". That's incorrect. High price housing is not for 'low-life-workers'. Wall street usually 'celebrate layoffs', certain area benefits from 'layoffs'. It lowers employment cost. I heard most high-tech layoff got 20-50% hair cut when they find a new job (of course, comparing to the hay-days). Certain housing is out-of-whack with 'income picture'. The high-price housing is like the dot-con era, there is no 'standard' on how much it worths. Some people can afford any price. Definitely not the 'low-life-workers'.