Is there a parallel between the real estate boom of
Silicon Valley in the 1990s and the real estate boom
of Miami in the 1920s?
If so, I'm very hopeful that I'll be able to pick up
some land cheap, real soon.
tim
--- Michael Perelman <[EMAIL PROTECTED]>
wrote:
> The collapse of the dot.coms has cut real estate
> prices in San
> Francisco, but the previous momentum is still
> pushing prices up
> in Sacramento -- about 90 miles away. Chico prices
> -- about 160
> miles from San Francisco -- seem to have leveled
> out, the
> realators in the sauna tell me. Is there much
> information about
> how recessions propagate across regions within a
> single economy?
>
> I read about the synchronization of world economic
> cycles, yet
> the lags seem relatively long, even within the N.
> Cal. economy.
>
> --
>
> Michael Perelman
> Economics Department
> California State University
> Chico, CA 95929
>
> Tel. 530-898-5321
> E-Mail [EMAIL PROTECTED]
>
=====
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