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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (266309)	12/28/2005 6:20:40 PM
From: tejek	Read Replies (1) \| Respond to of 1575167

re: Secondly, a lot of CA parents when they sell their house in order to retire, relocate to a cheaper state and give their offspring some money for the down. A lot come to FL. When the market was soft, everybody wanted a CA buyer... they just paid asking price because it was chump change to them. Not too much longer.......at least not in S. FLA. Miami is starting to get up there. re: Californians are some of the most creative people in the country....if there is a way, they will find it.....legal or otherwise. Bull shit, they just think they are. You know how I feel about California. I am no fan.....but I would say that some of the most creative people in this country live there. You have to experience to understand it. Yesterday, a friend sent me an article about the rebirth of downtown LA. When I left in 1999, downtown was moribund.......you had to beg someone to live there inspite of billions having been pumped into the area by gov't and private entities over the years. That's why I asked Ten if he had been down there recently. In six years, it has gone from nothing to one of the hottest residential real estate markets in the area. Where people refused to live, people are paying 7 figures for condos. They've built 5K units in two years and there are 6K more in the pipeline. Who knows if all will be built. However, it won't be hard to beat what was built in the 1990s.......then they produced 250 units per year in downtown LA......and most of them were affordable housing units, not market rate like the current ones. And John, the people buying the units.....they're mostly not retirees....many are in their 20s and 30s who hit it rich right out of college. One 'artist' was living in a $1500 per month apt..........she looked like a younger Melanie Griffith. I had forgotten what LA was like......this was so typical when I lived there. And trust me, I know that all these people are not making their money honestly but a lot of them do, and they do it by coming up with a product no one else ever thought of. Seriously! There is a reason why the trends start in CA and move east. See for yourself: downtownnews.com ted