tag:blogger.com,1999:blog-2335748440449035592.post3368633883613777185..comments2008-08-25T20:15:53.260-04:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2335748440449035592.post-38166119727091288872008-08-25T20:15:00.000-04:002008-08-25T20:15:00.000-04:00The central Valley has had inordinate growth. people have to live somewhere though... When my son and I drove to New Orleans and back, we tried to get a hotel in Fresno, Merced and even Lodi.. Even the discount chains were over $115 per night. When I asked why it was that I could rent a room in S.F for the same price, he informed me that the area was considered "the Greater Bay area". I think I mentioned something about smelling sourdough and coffee in SF, and that the odors out here were more related to the herds of cattle along Hwy I-80. <BR/><BR/>Anyway, interesting that everyone keeps noting how awful things are in CA, AZ, CO and NV as that's where all the big appreciation was. My feeling is that this is just the beginning for the other States as well. Todays news of course was the failure of a Kansas City bank. And that's the heart of teh agricultural belt. Also, keep in mind that CA produces 12% of the US's GNP... What hurts CA, hurts the US.... <BR/><BR/>jegan ;-)jeganhttp://www.blogger.com/profile/05850061548373752817noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-81749334542955157442008-08-25T17:22:00.000-04:002008-08-25T17:22:00.000-04:00Mark<BR/>Nice article.<BR/>Few of my friends visited US from India on business. They said, the real estate market is showing signs of weakness in India. Builders are offering free incentives like free parking, applicances, discounts and free airfares for a vacation.<BR/>I guess..the signs of topping are showing up.Passionate Investorhttp://www.blogger.com/profile/13667970151880837018noreply@blogger.com