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To: Les H who wrote (188358)	8/17/2002 1:16:13 PM
From: MulhollandDrive	Read Replies (2) \| Respond to of 436258

>>The evidence? His barber says everyone is talking real estate like they talked stocks two years ago, and his last cab driver said he was quitting to become a real estate agent.<< lol....this is what my son told me the last time he got a trim in LA a few weeks ago...amazing how accurate he barber/cab driver indicator is.

To: Les H who wrote (188358)	8/18/2002 1:32:19 PM
From: patron_anejo_por_favor	Respond to of 436258

<<Pointing to anecdotal bubble evidence, Mr. Yardeni sees home prices climbing in excess of 15% for another year, "before the bubble bursts, maybe in 2004." The evidence? His barber says everyone is talking real estate like they talked stocks two years ago, and his last cab driver said he was quitting to become a real estate agent.>> Excuse me? That's exactly the kind of shite that was happening in Feb-March 2000. Why does he think it has another year to go. Along those lines, flipped on cable TV this am. No less than 3 channels were running shows SIMULTANEOUSLY pimping real estate scams (ie, "no money down" get rich quick stuff).