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


To: Peter V who wrote (128012)6/9/2008 11:28:32 AM
From: Jim McMannisRead Replies (2) | Respond to of 306849
 
Why It’s Worse Than You Think

For months, economic Pollyannas have looked beyond the dismal headlines and promised a quick recovery in the second half. They're dead wrong.

newsweek.com



To: Peter V who wrote (128012)6/9/2008 12:36:22 PM
From: MulhollandDriveRead Replies (1) | Respond to of 306849
 
Today I'm going to offer to lease a place that is walking distance to that office, as well as shopping centers. It will be quite a change from my current super-quiet canyon digs, but in light of everything, probably a good move for me.

this is why i feel that certain areas of the LA market is holding up fairly well....my son is only about 7 miles from his business....and he's considering getting even closer so he can WALK...rents are still quite high on the west side