>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

How well were dot.coms in the boom time integrated into the rest of 
the N. Cal economy?

Yoshie

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