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homestead - Re: [Homestead] land prices!

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  • From: Bill Jones <billj AT harborside.com>
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] land prices!
  • Date: Mon, 07 Nov 2005 09:09:54 -0800

I can't believe that prices will go down in my area any time soon. Just to our south there's a huge mass of soon-to-retire baby boomers who are just dying to traipse throught the woods with flowers in their hair (bear in mind that much of inner-city California resembles a burned-out war zone). It all depends on whether They manage to have a big enough crisis to take all the flower children's money before they reach retirement age. If they're as wealthy as anticipated in 2010 (when the first boomer retires, theoretically), then I expect that this place would soon sell for a million bucks (were I so inclined).

The denial of the bubble has become boring.




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