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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: David Jones who wrote (12552)8/17/2003 8:25:09 PM
From: TradeliteRead Replies (1) of 306849
 
David, I agree with your point totally. Almost replied to that post myself a while back, but refrained. I'm thinking that the elderly folks I know who have accumulated some wealth owe absolutely NOTHING to the tech industry--or any other particular industry-- for this wealth.

They did it by working hard and retiring in their chosen fields, saving money, investing wisely in a paid-off home as well as the stock market (not tech stocks, necessarily) and living frugally.

Where is it written that they should "morph" themselves or the prices of their hard-earned property into anything for the sake of younger people today?
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