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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: mishedlo who wrote (34677)6/30/2005 12:15:20 AM
From: TradeliteRead Replies (2) of 306849
 
Answers to both your questions look pretty easy, in my humble opinion....

Experienced HVAC technicians will make money servicing and repairing HVAC systems in apartments, condos and rental or owner-occupied houses--more of which are being built to house a growing population.

Real estate commissions will either stay the same or go up. It takes a lot of work and marketing money to sell homes when properties don't sell in a week or two, and the clients will pay. Good estate professionals survive any market change--they can just fire one or two assistants and stay even. The newbies who never got well-established in the biz in the first place will find other lines of work. Many already have a backup income from someone else in the family, anyway.

That is my opinion, based on observation and experience during many different types of market conditions.
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