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

To: David Jones who wrote (12397)	8/15/2003 5:08:55 PM
From: Les H	Read Replies (2) \| Respond to of 306849

Some of them will be looking for real estate agents. On the bright side, they have many years of accumulated capital gans on which they may owe a much lower tax, if any, than when prop 13 was enacted.

To: David Jones who wrote (12397)	8/16/2003 3:14:13 AM
From: Wyätt Gwyön	Read Replies (2) \| Respond to of 306849

Say good by to jobs for sure then. look, just because there are going to be fewer freeloading landlords, talentless real estate agents and overpaid mortgage brokers doesn't mean new jobs won't be created. the area of bankruptcy law has very good growth prospects and can support a number of high-paying jobs. also, the repo industry could do quite well, and apartments will benefit. this should help moving companies as people move to apartments. also, a 50% reduction in housing costs as the bubble unwinds would improve affordability in an expensive state.