price dropped and some owners don't have to sell.

because the demand for Bay area good school house is always very high, and most people who can previously buy into those neighborhood usually do not rely on avery salary income. When price dropped to a certain degree, it is perceived that it will be temporary and rebound will occur within a couple of years. People who can endure the cash flow is capable of not selling them. Rental in those area is typically >3000/ month. So it will cover some loss

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We can bet, most of them will come back after holidays -Judgeman- 给 Judgeman 发送悄悄话 (0 bytes) () 01/03/2009 postreply 14:00:03

some of them might, but I will not bet on half of them coming ba -也潜水- 给 也潜水 发送悄悄话 (319 bytes) () 01/03/2009 postreply 14:46:06

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