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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GraceZ who wrote (3618)7/26/2002 7:08:58 PM
From: TradeliteRead Replies (2) of 306849
 
The trick is to make the *average* younger employee notice that. He's looking at his growing paycheck, and if the family is in good health, he's not worried about health costs.

I dunno....does this explain why today's younger people spend with reckless abandon and live for the luxuries of today only? I think it does. Short-term thinking is a killer.

I do believe, however, that we are going thru a shake-out that will teach a lesson to the folks who didn't listen to my tax preparer... or to me, the parent.

You should hear how my tax-preparer went off like a rocket when I mentioned that today's younger people "don't seem to know how to save money." It was a hoot. He's seen it all, apparently.

I saw it myself during the last shake-out, about ten years ago. Had friends who got busted in that one. They're smarter today.
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