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

To: gpowell who wrote (77923)	5/21/2007 1:23:25 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 306849

I agree with this blog that Les posted. It shows, as I believe, that many cities such as Foster City even now have not recovered to their dot com peak. Noe Valley has recovered but many have not. Message 23504101 You were trying to put forth an argument in 2002 that real estate in SV was continuing to go up in the middle of a crash, you thought we were HIGHER than 1999 prices, then. Now you are splitting hairs about the actual date when I said the turn began. Whatever, gpowell. You also didn't believe Steven Roach's claim that the USA was suffering from global labor arbitrage and now, 5 years later that view is pretty well accepted.