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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: UncleBigs who wrote (70958)10/4/2006 12:56:33 PM
From: Lizzie Tudor  Respond to of 110194
 
I think the bay area is just like Detroit in the 50s. High paying jobs and a big bubble (I don't mean like the 90s bubble although that was tech inspired, I mean sort of a boomtown which existed before and after the "big bubble") - its hard to get an apartment here and NOBODY was actually born here.

This area will maintain for as long as there is a tech industry.... but that won't be forever. We probably peaked in 99. Now the question is, how to avoid turning into detroit.

I heard that Detroit/Flint in the 50s was a nice place.