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Originally Posted by Starving Steve Already, the prices of homes, lovely homes in or near Silicon Valley, are soft and decreasing in value. I have never seen this happen before in my lifetime. The best of the best of the real estate in America is now soft, it's difficult to sell; it's difficult to transact; it's difficult to maintain; and it's deflating. Several reasons for real estate de-flation: a.) the job market is soft, even now in micro-electronics, because of unprecedented worldwide competition for Silicon ...
Originally Posted by Starving Steve Being the slow learner here and the official moron (with papers and test scores to prove it), I need to know why the U.S. dollar would crash and burn? None of the other currencies are any good, so why would the U.S. $ crash and the others do fine? And then, the U.S. is the largest or second largest market in the world..... Where do you think Silicon Valley is? Where is the NYSE? Where are all the new ideas, and where is the innovation? Where are people from Latin America still ...
Originally Posted by Starving Steve I have been wondering if the aging of the U.S. population and the Canadian pop. might cause a net population decline soon here, too? I didn't know China is going to experience a pop. decline soon, but that fact argues strongly for the same thing happening here, as well. Maybe the total pop. decline might happen in the UK and all across Europe? The new demographics of population decline would kill the demand for housing and force real estate prices downward. Also, some more wondering: ...
Originally Posted by Starving Steve The way I caught one of the members of the Winnipeg City Council and another very important member of the City catching grease (or being greased) in this game was to observe a land holding company buying land on the urban fringe of Wpg---- with all housing development in all other areas of the urban fringe forbidden by zoning or environmental games, thanks to the Wpg Environmental Planning Dept. The land holding company would pick-up land for agricultural value and then --- and I'm not kidding--- ...