Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Deflation -- Ignore unavailable to you. Want to Upgrade?

To: JF Quinnelly who wrote (271)	4/29/2004 3:21:19 PM
From: Maurice Winn	Read Replies (2) \| Respond to of 621

Jfred, regarding house prices in California and Orange County and San Francisco in particular, there is a LOT of land in California and in Escondido for example, the climate is excellent, as it is in Orange Country. I don't see why people wouldn't relocate to a better place. Thomas Sowell rants from time to time about planners and what he calls "liberals" stopping housing development. You can find such rants, among others, here: jewishworldreview.com I wouldn't want to be buying a house at current Orange County prices. It's a house of cards. They seem very expensive compared with other options, such as building a new house on an acre of the millions available [which are perhaps kept unavailable by myopic "town planners" and "environmental" wacos]. Mqurice