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To: patron_anejo_por_favor who wrote (223219)	2/21/2003 3:07:40 PM
From: yard_man	Respond to of 436258

ultimately, defaults will affect the ease with which one may apply for a mortgage -- THEN, that feeds back to price -- got a long way to go before that happens, IMO.

To: patron_anejo_por_favor who wrote (223219)	2/21/2003 4:18:34 PM
From: Oblomov	Respond to of 436258

I can't speak for Fort Wayne, but I do have family in Evansville, and the city is doing quite well. A large Toyota plant located there a few years ago, and it is now undergoing expansion. Also, some other businesses have grown there recently. I have participated in a private placement of shares in a community bank there to ride the wave... Housing prices compared with Indianapolis (where I live) are very cheap, at least 20-30% less for a comparable house. But, Indy is similarly cheap compared with Chicago, probably not quite as cheap as St. Louis.