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To: marginmike who wrote (99350)6/15/2004 7:26:16 PM
From: skinowski  Respond to of 209892
 
Not only homes are not affordable... high prices of RE create dislocation in the economy in general. How much would it cost in New York to rent a storefront to open a store, or say a pizza joint? The aspiring pizza man would have to sell hundreds upon hundreds of slices a day just to keep the doors open. High prices stop businesses from opening or expanding, and the result is - fewer opportunities.