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

To: mishedlo who wrote (28131)3/14/2005 2:40:23 AM
From: Amy JRead Replies (3) | Respond to of 306849
 
Mishedlo, RE: "We will either see housing prices fall or wages rise. "

Rising wages to match outrageous real estate prices would make me very nervous. (I own a company.)

Silicon Valley has a hightech labor pool that's as small as the size it was back in 1995 before Netscape's IPO, so there's not too much wiggle room with the local supply. There's been pressure on wages this year.

I hope we simply see housing prices stay flat for a decade, rather than seeing wages rise wildly in inflation.

Regards,
Amy J



To: mishedlo who wrote (28131)3/14/2005 10:38:04 AM
From: John VosillaRead Replies (1) | Respond to of 306849
 
It's about time since the four year anniversary of this board is coming soon. Mish did you notice the 10 year bond appears to have broken its 23 year down trend?


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