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Re: Newly2b post# 153563

Monday, 09/22/2003 12:59:24 PM

Monday, September 22, 2003 12:59:24 PM

Post# of 704019
Hi Newly...Thanks, that's about how I remember it though a bit fuzzy. What is crystal clear was that my job as an architectural illustrator was destroyed over night. The phone just went dead.

What we may be seeing around here is the stage of panic buying I suppose but the pace at which the developers are buldozing the sierra's is frightening.
Some stats say that Ca is losing population but I don't believe it. I am wondering though that if there is a bubble on the verge of decompressing, and believing that the dramatic rise in RE during the last three years was artificially induced by AG, might not the decline be accelerated due to the nature of it's rise. A puzzlement in me mind. Time will tell as always.

Benj


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