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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: arun gera who wrote (28391)3/20/2005 11:59:43 PM
From: Amy JRead Replies (1) of 306849
 
Good post Arun,

Will add the pay rates are the same at the high-end, if not higher overseas due to the shortage.

RE: "8. The biggest costs for US residents are taxes (10-20 percent), housing and utilities (20-30 percent), healthcare(5-10 percent), transportation (5-10 percent), higher education (2-5 percent). All these costs (except cars) are rising and coincidentally, they are all for services being produced in the US. Maybe these should be the targets for outsourcing.... Otherwise, the wages will not rise enough to match inflation."

What an interesting observation.

One could definitely see how medical equipment could reduce health care costs. Innovation could reduce utility costs (btw, 20% sounds awfully high).

But how do you make land cheaper, faster and smaller?

The smaller part is easy, but not the cheaper and faster part.

Regards,
Amy J
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