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wer123

02/23/11 11:38 AM

#3772 RE: leucro #3771

The high end economy is just fine. Condo rentals and luxury rental rates are skyrocketing. However, even low end retail is down, and inventories of existing homes continue to increase. I personally have been effected as State budgets are in stress and government employees have curtailed their spending in anticipation of real income declines. Then let's throw fuel costs into the mix. That can't be good for retail. Opportunities in the market exist but are becoming fewer.IMO