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

To: Lizzie Tudor who wrote (43825)	10/29/2005 1:14:37 AM
From: Live2Sail	Respond to of 306849

excite@home and inktomi are just the marquis buildings in my area that are empty. You're saying that there are absolutely no takers for these buildings? That's incredible. Who owns those things, and how long can they hold out? I mean, the Inktomi has a view of the Bay and the City. As for rentals $$2250 for a 4 br? Man thats cheap. There's a reason. There's always a reason. I saw the pictures on the web. It's got hideous linoleum floors throughout, practically original 1958 kitchen, no backyard, and on and on. Before I saw the pictures, I thought, it couldn't be that bad, could it? Oh, it could. Will the owners remodel to justify the asking rent, lower the rent to an appropriate price, or hope a sucker comes along? I remain locked-in to my prop.-13-subsidized hovel. L2S