[lbo-talk] RE: housing bubble essay contest

joanna bujes jbujes at covad.net
Tue Jan 13 10:57:18 PST 2004


Uh, they don't have enough think tanks grinding out this stuff? They need plain folks to argue their case for a reward?

Rentals in the bay area are falling and falling fast. My son (20) just found a three-bedroom, 2-ba house in a very nice neighborhood, with formal dining room, den, yard, washer/dryer for $1375/month. That's a fabulous price for this area. (He's going to share it with a couple of buddies: the result being that his total monthly rent + utilities will be approx. $500.) Other rentals he was looking at were asking less than the published price. The lists from the local rental agencies are huge and there's lots of great deals.

Joanna



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