[DoughtyOne]

When I look back on what this area looked like thirty years ago, I can't even recognize the place. I can't believe that this realestate market can hold out forever. But then I've been thinking that for some time. You can't continue to run people off who make the big bucks, then replace them with fourth to sixth grade educated people with no skills. Sooner or later the markets got to go south.

[norton]

It did go south, 1992 value reverted to 1982 levels, just now back to pre Rodney King but I'm planning to move to A CA Guy's neighborhood because the spread looks a lot closer than it does here. My 225 house would fetch about 45 in a rational market.

Actually, I'm not buying again until I do so in another state, three more years or so.

[FITZ]

You can't continue to run people off who make the big bucks, then replace them with fourth to sixth grade educated people with no skills.

We have the same thing in the area I live in, now 1 out of 3 people is receiving some kind of welfare or food stamps, the taxes are sky high, the middle class (all races) are leaving in droves and no good jobs are moving in because all we have is a very high drop out rate in spite of large amounts of money spent on HeadStart and bilingual ed.

[A CA Guy]

Amen. Second grade is closer to the mark!