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To: Ahda who wrote (9637)	5/20/1999 4:17:00 PM
From: GraceZ	Read Replies (2) \| Respond to of 29970

*OTI hate to say it Darleen, but you may need to vote with your feet. My friends that live in California that make about the same amount of money (and have for years!) as I do have considerably fewer assets....why? Because all the money they make goes into housing, of course this would have gone into their net worth had they ever been able to buy a house. Same with my friends that live in NYC. I agree that inflation, especially, in real estate is ramping up in fast growing sections of the country like California and the Pacific Northwest. But here in Maryland until just a few months ago people were complaining about selling their houses and going to the settlement with their check books (they were getting less from a sale than the payoff on their loan). I ask my friends in California over and over WHY do they live there when they could live here and have such a much higher quality of life? I have house on 4.5 acres with a stream in the country, a five bedroom row house as a studio and they are paying 2K a month to rent 2 bedroom apartments and never go out to eat and have NO retirement, no job security and drive ten year old cars (not because they choose to). Living in California or NYC could give you a very tilted view of inflation.