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To: Oeconomicus who wrote (143209)	6/20/2002 2:31:47 PM
From: John Chen	Read Replies (1) \| Respond to of 164684

R.D,re:"being rude". No problem. English is definitely not my best language, or 2nd best, ...or. nth best. Let me help you out on this: Fed/AG has been printing money feverously over the last several years and has been maintaining the stand of : 'NO INFLATION, NO WAGE PRESSURE'. I think Fed cannot print as much money (supply) in the RealEstate's supply and demand equation as it has been. People have been talking about 'supply and demand of housing in units'. Actually, the only reason for the same house worth 30,50,100% more is that there are too much money or someone think they(and everyone else) will have too much money.