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

To: gpowell who wrote (21299)	6/4/2004 2:03:46 AM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 306849

yeah whatever. Do you own houses in this area, is that the problem? We've already discussed the value of "median home price". I know 20 people with houses they want to unload over about $1.25 million, show them the buyers. The wealth engine of silicon valley is basically terminated. Without stock options and high paying jobs, there is no chance RE will remain the most expensive in the nation. That means other areas will catch up or the bay area will fall. It looks like both are occurring.