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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: TigerPaw who wrote (19424)	5/21/2003 2:33:50 PM
From: Tadsamillionaire	Read Replies (1) \| Respond to of 89467

Same in Phoenix.....less job's because of a 8 year runaway .com cycle that was not watched or managed. No manufacturing base left because the past administration allowed more companies to uproot and leave the country. Creating jobs in the service sector like McDonalds, BurgerKing, and Wendy's. Deflation is starting due to the lack of a manufacturing base and the disapearring middle class. JMHO.

To: TigerPaw who wrote (19424)	5/21/2003 5:00:55 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

I expect Greg Weldon's prediction on real estate to happen and happen soon a sudden 15% decline in prices from a huge supply just sitting on the market, followed by a long long slow leak in prices, lasting for several years the sudden shock will be based upon slack demand the ongoing leak will be from gradually rising rates and gradually rising unemployment I have a new theory on real estate prices they are very strongly correlated with the dominant sectors of corporate business making up the local metropolitan economy since medical, healthcare, military contracting are reasonably strong still, Boston hangs on since telecom, tech, internet, fiberoptic, venture capital are so weak, San Francisco shits the bed Austin is not much different from SFran really a shitload of tech, chips, Dell, etc Dell just cannot keep the economy going all alone since forestry, Microsoft, tree hugging, and camping in trees with tents is so strong, Seattle is doing well still you get the idea / jim