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

To: MulhollandDrive who wrote (107281)	2/29/2008 10:44:58 AM
From: Peter V	Read Replies (1) \| Respond to of 306849

We have a Westlake Village office. If I had to commute to the Westside, I would not move out there. I don't see the value in spending 3 hours a day on the freeway, even if you have a nice house to come home to. I agree that Palisades and the other areas you mention reflect true market conditions. But I also know that many people stretch to the limit to live there, and if the economy really goes in the crapper, you will have some job losses and foreclosures.