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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: infopleez who wrote (5662)9/28/2002 9:51:29 PM
From: John ChenRespond to of 306849
 
infopleez,re:"keep going up". Even if you don't sell your
house, cost of living in your place would probably go up.
The city wants higher tax. The insurance wants higher
premium.
The war, the terrorist, the immigration trend reverse,
the H1B reverse, will diminish demand on housing for
awhile (10+ years).
When did you sell your house? Are you thinking to get out
of the TOP? No one knows. Make up your mind and bear the
consequence. You could be a genius or an idiot.



To: infopleez who wrote (5662)9/28/2002 9:56:09 PM
From: marginmikeRead Replies (1) | Respond to of 306849
 
rents in nyc down 20-30%



To: infopleez who wrote (5662)9/29/2002 3:00:24 PM
From: TheStockFairyRead Replies (1) | Respond to of 306849
 
In chicago my rent has gone up $40 over the last few years. That's it.



To: infopleez who wrote (5662)9/29/2002 3:33:56 PM
From: Lizzie TudorRead Replies (4) | Respond to of 306849
 
rents collapsing in silicon valley, down 40-50% from peak.
(a lot of capacity was added in the bubble and just came online in 2000 which added to the glut)
L


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