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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Jill who wrote (46617)	11/14/2008 2:30:59 PM
From: Lizzie Tudor	Read Replies (5) \| Respond to of 57684

yeah the real estate thing alludes us out here in the bay area, because we didn't have quite the same level of RE bubble as the rest of the country with the 2002 jobs depression out here. Plus we are used to doubling and tripling RE anyway. There are even some areas in the bay area that continued to rise after the peak in RE bubble (fall 2005) and have not declined at all since- these are Palo Alto Saratoga and those. And rents have gone up about 40% in the past 2 years too. So this is a bizarre RE climate.