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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Tradelite who wrote (14150)10/4/2003 5:05:33 PM
From: TradeliteRead Replies (1) of 306849
 
Excerpts from the "Whistlin' Dixie in Missouri" history text of the Great Depression.....

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Tradelite's grandfather was married with three sons and lived in a humble but adequate single-family detached home on Main Street in a very small Missouri town. Owned his own house, two farms outside of town, and the only grocery store in town, which was located down the street from the family homestead.

Grew some of the grocery store's inventory on the farmland. Operating overhead of the store was further reduced because he owned the building. This enabled him to put plenty of food on table for family, provide a few employment opportunities for the townfolk, and, occasionally, extend groceries on credit to his less-fortunate customers.

Self-sufficiency is a wonderful thing.

When Hurricane Isabel knocked out little Tradelite's power for three days and created temporary Depression-like conditions right in the middle of 21st-century suburban America, food that was about to spoil in the fridge was cooked on a charcoal grill in the driveway.

Had Tradelite not owned the driveway, his landlord's lease probably would have prohibited such cookouts as a potential fire hazard.

P.S.--Elroy, I'm starting to learn how to play you like a violin.
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