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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (16820)2/9/2004 9:15:08 AM
From: Amy JRead Replies (1) of 306849
 
Elroy, As a small child, I recall gas lines that got scary. You lived in Texas (oil), obviously not the midwest during the auto downturn that played havoc with the community. My Dad wasn't impacted, but I saw many people suddenly get cancer and other weird illnesses and die. They didn't get just the flu, like this hightech downturn gave, they got cancer and died.

As a child, I'd tag along with my Dad when he was grocery shopping and remember inflation - he would point out the new stickers on the products and show how the store couldn't even keep up with the daily and weekly price changes. A person could always find the cheaper priced product in the back, and people would rush to the store before the milk prices shut up again. Nasty stuff.

Regards,
Amy J
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