From: Al Klein 
Newsgroups: misc.invest.real-estate misc.consumers.house
Subject: Re: Buying a much bigger house
Date: Fri, 01 Aug 2003 01:03:23 GMT

On 30 Jul 2003 11:32:52 -0700, passionforfrench@yahoo.com (Shorty
Blackwell) posted in misc.invest.real-estate:

>Al Klein  wrote in message news:<7dbeivsss202l8uerq84jqmjrehlvbgch0@Pern.rk>...

>> All neighborhoods go in cycles.  What's a slum today was once an
>> exclusive address, and what's an upper-class neighborhood today was
>> once woods.

>True but these are verrrry slow moving cycles, correct?  I imagine
>it'd take at least 50 years for a neighborhood to degenerate, if
>that's what it's going to do; and the early signs are obvious.

Sometimes.  Sometimes the thing that causes the "deterioration" to
start isn't something you can anticipate, and the deterioration
progresses rapidly.  Things like a new highway, the closing of a plant
or military base, etc.