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To: Lizzie Tudor who wrote (52250)	4/22/1999 3:32:00 PM
From: Greater Fool	Respond to of 164684

OT >Fool (or anyone), keep me posted on this real estate issue I bought an utter POS in a decent area. "I write off my interest, taxes, and weekends." Beyond that I don't have much advice, as I don't think the prices will come tumbling down any time soon. I'll bet Seattle prices will sag back down over time. As you say, it's not geographically constrained.

To: Lizzie Tudor who wrote (52250)	4/22/1999 5:12:00 PM
From: MSI	Read Replies (1) \| Respond to of 164684

>keep me posted on this real estate issue. I don't own a house in the bay area and can't find one either. Not worth it at this point IMO. My neighbor in SF bought a little 2bd condo for $690k that listed for $610k 9 hours earlier. Better to rent & wait for the correction. I have a rich friend who rents a $2.5 million house in Mountain View for $2,500/mo while the owner pays $15k/mo. mortgage. I'm buying apt houses outside the Bay Area, though. There are some good deals and it's good diversification from inuts. I cannot find any good investments in SF or Silicon Valley; they're all too high to consider much upside.