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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (12971)8/22/2003 4:43:15 PM
From: Jim McMannisRead Replies (1) of 306849
 
Courtesy of Dook on the Intel thread.
Maybe this applies to California and prop 13 too.

Stages of shock

Psychologists believe that we have four stages of shock:

1. shock is when we are so surprised that something bad has happened;
2. denial is not wanting to believe it is true... even though it must be true;
3. anger is wanting to blame someone or something for what has happened; and
4. acceptance is finally understanding and realizing nothing can be done.
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