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

To: Live2Sail who wrote (137220)	7/29/2008 10:02:02 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 306849

You said, Looking at Craigslist, it looks like a nice 3bd/2ba would run from approx. $2200-$4000 depending on location in Silly Valley. OK, and I said this a few mos ago, just a real ball park figure would be that a $800K-$900K house rents for maybe $2400. Message 24657180 And then I said typical rents were $3400/mo a month later. thats because I started to try to rent my house and discovered the rental demand. I really don't get this discussion, because I openly admit that I was too low with my first guesstimate, and there clearly ARE plenty of houses over $3K for rent, now, in my area and yours. Additionally with the brand new remodelling, mine might fetch a premium over the never remodelled $2300 houses. Your estimate on SV rents matches mine at $2200-$4K, where is the issue here? Additionally I think engineering salaries are rising against the unfeasibility of offshoring and this dollar. Wyatt doesn't agree and thinks engineers here will be working for half wages or less. I wonder what your opinion on the matter is, because if you see another 2001 recession which was the worst tech recession since 1974 after the moon project ended, then rents probably will crash. Wyatt: re: engineering wage inflation, don't worry, it won't be a problem for long. the recession will eventually hit the Ponzitech sector very hard and lots of engineers will lose their jobs and be willing to work for half-wages or less, just like after the 2000 tech bust.

To: Live2Sail who wrote (137220)	7/29/2008 10:44:45 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 306849

btw, I haven't looked at Palo Alto rentals for a while but WOW! There are TWO 3BR rental for under $3K. Palo Alto looks to me like houses are renting for over 3K with the newly remodelled ones at $5K. So San Jose is $1K cheaper. this is incredible to me. I continue to feel like things shot up overnight. Jul 29 - $5750 / 4br - 4Br / 3Ba * 1YR OLD CUSTOM HOUSE CLOSE TO GUNN HIGH WITH POOL - (palo alto) Jul 29 - $6800 / 5br - New Palo Alto Custom Home Next to Stanford - (palo alto) pic Jul 29 - $3800 / 3br - 2 ba Evergreen Park - (palo alto) Jul 29 - $4000 / 5br - 2.5BA HOUSE. APPROX. 1800 SQ. FT. CLOSE TO STANFORD. GOOD LOCATION. - (palo alto) img Jul 29 - $4250 / 3br - 2ba - Fabulous Midtown Home in Excellent Palo Alto Schools - (palo alto) Jul 29 - $3500 / 4br - Newly repainted Duplex, Quiet Coldesac - (palo alto) Jul 29 - $4000 / 3br - Recently Updated Friendly Eichler - (palo alto) pic Jul 29 - $1517 / 3br - Affordable Housing Community in prime Palo Alto neighborhood - (palo alto) Jul 29 - $5500 / 4br - Beautiful 4 bedroom in Palo Alto, and pets okay! - (palo alto) Jul 29 - $4300 / 3br - MIDTOWN PALO ALTO -CUL-DE-SAC - (palo alto) Jul 29 - $3950 / 3br - Bright 3 Bedroom, 2 Bath home on quiet street in Midtown - (palo alto) pic Jul 28 - $3500 / 3br - Light and Airy 3 BR/3 Bath Condo ~1550 sq. ft. - (palo alto) Jul 28 - $4000 / 4br - Spacious midtown home conveniently located close to everything! - (palo alto) img Jul 28 - $5950 / 4br - 4BR, 3BA Fine Home for Rent in North Palo Alto - (palo alto) pic Jul 28 - $10500 / 4br - 4BR/3BA Beautiful, Crescent Park Home... - (palo alto) pic Jul 28 - $3200 / 3br - 3BR/2BA House: Palo Alto nr Gunn High - (palo alto) Jul 28 - $5400 / 4br - 4BR/3BA: Large, Contemporary Home, Palo Alto - (palo alto) pic Jul 28 - $8500 / 4br - GORGEOUS HOME: 4/4.5 Hardwood floors, 10' ceilings, hot tub, MUST SEE! - (palo alto) img Jul 27 - $2850 / 3br - 2-baths, Nice & Clean Single Family House in Palo Alto - (palo alto) pic Jul 27 - $3750 / 3br - 3mastersuite/1year New Townhome in top school! (Open house Sunday) - (palo alto) pic Jul 27 - $5490 / 4br - Beautiful 4 bed / 3 bath, ***walk to Gunn high-school*** - (palo alto) Jul 27 - $4600 / 4br - Palo Alto Home for Lease Four Bedrooms - (palo alto) Jul 26 - $6000 / 3br - High Street, Downtown and near University Ave - (palo alto) img Jul 26 - $5400 / 3br - Charming Old Palo Alto, Fully Furnished, 6 or 12 mo lease - (palo alto) pic Jul 26 - $3300 / 4br - New spacious 4bdrm/2ba condo in Palo Alto @ University!! - (palo alto) pic Jul 26 - $2900 / 3br - 3 bedroom/2 bath house in Barron Park - (palo alto) img Jul 26 - $6900 / 3br - Beautiful home on 0.5 acre lot downtown Palo Alto - (palo alto) Jul 26 - $5950 / 3br - DARLING PA HOME: Top quality. Fab kitchen, gardens, sauna, waterfall.. - (palo alto) img Jul 26 - $7900 / 4br - Wonderful Home in Heart of Old Palo Alto - (palo alto) Jul 26 - $5350 / 4br - 2.5 bath living dining family den updated professorville home - (palo alto) pic Jul 26 - $4850 / 4br - 2 1/2 BA House in OLD Palo Alto for Rent - (palo alto) pic Jul 26 - $4250 / 3br - Spacious, Beautiful 3bed/3bath Palo Alto Townhome, Top Schools - (palo alto) pic Jul 26 - $4200 / 4br - 2 ba. Home..Channing & Rhodes..Palo Alto - (palo alto) Jul 25 - $3650 / 3br - Desirable Crescent Park Neighborhood. Cul-de-sac. - (palo alto) Jul 25 - $4800 / 4br - 4 bd/2.5 ba house in Barron Park, close to Gunn High School - (palo alto) pic Jul 25 - $3400 / 3br - 2.5 ba - Luxury duplex in palo alto midtown - (palo alto) pic Jul 25 - $4250 / 3br - 2ba - Fabulous Midtown Home in Excellent Palo Alto Schools - (palo alto) Jul 25 - $4900 / 4br - 3ba Home for Rent in Midtown Palo Alto - (palo alto) pic Jul 25 - $4300 / 3br - Wonderful PA Home w/3bd/2ba+bonus rm, nice yard & enclosed frnt Patio! - (palo alto) Jul 25 - $5700 / 4br - 3ba - ENCHANTING EXECUTIVE HOUSE IN COMMUNITY CENTER NEIGHBORHOOD - (palo alto) img Jul 25 - $3800 / 3br - 2 Ba house in nice & quiet neighborhood, available now - (palo alto) pic Jul 25 - $4600 / 4br - 4 Bedroom 2 Bathroom Home in Palo Alto - (palo alto) Jul 24 - $4300 / 3br - Town Home in Palo Alto - (palo alto) Jul 24 - $6850 / 5br - Palo Alto Home for Rent Five Bedrooms - (palo alto) Jul 24 - $3200 / 3br - Single-Story House w/ Large Yard, Swimming Pool & Attached Garage - (palo alto) Jul 23 - $5350 / 4br - Old Palo Alto 4 BR, 3 BA, plus den plus study - (palo alto) pic Jul 23 - $5000 / 3br - Terrific Downtown Location! - (palo alto) Jul 23 - $4250 / 3br - 2ba - Fabulous Midtown Home in Excellent Palo Alto Schools - (palo alto) Jul 23 - $4500 / 4br - Midtown Charmer close to schools, park, & shopping - 4bd/3ba - OBO - (palo alto) img Jul 23 - $4600 / 4br - Palo Alto Home for Rent - (palo alto) Jul 23 - $2500 / 4br - Nice Big 3bed 1ba - (palo alto) Jul 23 - $5000 / 4br - Beautiful 4 Bed House near Midtown New Carpet/Paint - (palo alto) pic Jul 22 - $3200 / 3br - Sweet Palo Alto House in Quiet Neighborhood - (palo alto) Jul 22 - $6500 / 4br - North Palo Alto Home. Great Schools, 4 bedroom / 3 Bath - (palo alto) pic Jul 22 - $3295 / 3br - 3/2 with extra separate building, freshly painted, craftsman style - (palo alto)

To: Live2Sail who wrote (137220)	7/30/2008 12:31:27 AM
From: Patricia Trinchero	Respond to of 306849

It's harder to get a loan these days and many problems have been discovered in the "off-shoring" rush to get highly educated people to work more cheaply. HUGE problems with work ethics have been uncovered and many of these highly educated people are not what they were " cracked up " to be. American work ethics are truly a world standard. I work in biotech and we have witnessed some appalling problems in scientific practices in off shore programs. There really isn't anything that substitutes for doing the work onsite............lots more design control, accountability and plain old honesty................it saves bundles of money in the long run.