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Article #115

Re: Will Bay Area pricing ever drop?

#115
From: David Kaye
Date: Tue, 28 Mar 2000 00:00
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David Hatunen wrote the quoted material below:

" Ths simple fact is that as long as the economy booms there will be
" a squeeze on housing and the prices will keep going up.

It's fascinating to compare the gold rush of 2000 with the gold rush of
1849.  Today it's mild compared to back then.  In those days eggs were
selling for $2 each -- and that's in 1849 dollars.  That would be
something like $200 per egg today.  

Somewhere I have a page from The Old Town, a weekly column about that era.
Rent for an office was going for about $600 a month in downtown SF.  That
would make it about $60,000 a month today.



-- 
(C) 2000                       Portland, Oregon was named on the toss of a
David Kaye                   coin; the other choice would have been Boston
                                                                          
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From: David Kaye <dk@removethis.wco.com>
Subject: Re: Will Bay Area pricing ever drop?
Date: 2000/03/28
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