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


To: Jim McMannis who wrote (285922)4/28/2006 11:39:05 AM
From: combjelly  Read Replies (1) | Respond to of 1575035
 
"It's started the mad rush out of the Northeast and California to FL, LV and Arizona."

Trading one bubble for the next. In that, it would have happened sooner or later, despite the tax break.

I know a couple of people who bought old beaters in Boston in the mid-1970s. They did a little fixing up, but mainly just sat on them until the early 1980s. They dumped them for a huge wad of cash and moved South. So it was starting even then.



To: Jim McMannis who wrote (285922)4/30/2006 7:40:16 PM
From: tejek  Read Replies (2) | Respond to of 1575035
 
It's started the mad rush out of the Northeast and California to FL, LV and Arizona.

Uh.........the mad rush out of the NE to FL et al started after WW II due to slower employment growth in NE and the warmer FL et al climate. The mad rush out of CA didn't start until the early 1990s due to.....take your pick.......severe recession, riots and/or earthquake. Most Californians went to NV, AZ and Utah. More went to OR and WA. Few went to FLA.

The truth is FLA has been booming since the the air conditioner was invented in the 1930s. The only reason your home prices didn't start to climb until 2000 was because FLA hadn't started to run out of cheap developable land until then. However, that eventuality was inevitable.

Clinton probably will go down as one of the better presidents of the 20th century. I would try to accept that likelihood as best you can.