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Article #115Re: Will Bay Area pricing ever drop?
From: David Kaye
Date: Tue, 28 Mar 2000 00:00
Date: Tue, 28 Mar 2000 00:00
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1697 bytes
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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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: 102573,139914297af2ff4a X-Google-Attributes: gid102573,public X-Google-Thread: f824f,139914297af2ff4a X-Google-Attributes: gidf824f,public From: David Kaye <dk@removethis.wco.com> Subject: Re: Will Bay Area pricing ever drop? Date: 2000/03/28 Message-ID: <DX0E4.802$56.11297@sea-read.news.verio.net> X-Deja-AN: 603368280 Sender: David Kaye <dkaye@shell1.ncal.verio.net> References: <8b4n5d$u3g$1@nnrp1.deja.com> <s37C4.17$Du5.344@typhoon.sonic.net> X-Complaints-To: abuse@verio.net X-Trace: sea-read.news.verio.net 954243939 204.247.248.254 (Tue, 28 Mar 2000 11:45:39 GMT) Organization: Republic of San Francisco User-Agent: tin/pre-1.4-980117 (UNIX) (SunOS/5.6 (sun4u)) NNTP-Posting-Date: Tue, 28 Mar 2000 11:45:39 GMT Newsgroups: ba.housing,ba.general