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Old 03-06-2008, 10:21 AM
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DerbyCat DerbyCat is offline
Churchill Downs
 
Join Date: Jun 2006
Location: San Carlos, CA
Posts: 1,772
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Quote:
Originally Posted by Unstable
Maybe the downturn in the housing market will save Bay Meadows for another year or two....
The funny thing is, on the "Pennisula", where Bay Meadows is located, housing prices really aren't falling - it's the towns on the edges of the Bay Area that are seeing a downturn but this particular area is holding steady. It sucks for someone like me that wants to buy a place, has some money but not enough to afford a good neighborhood. A three bedroom, two bath, 1200+ sq./ft. house in the cities around Bay Meadows is going to cost three quarters of a million dollars - insane!
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