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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: regli who wrote (44098)1/8/2006 1:46:36 PM
From: mishedlo  Read Replies (1) of 116555
 
From Imshaken on the FOOL

The economy here in the Twin City Metro area is good. This is a failry diverse economy based on technology, agriculture, and a bit of manufacturing to boot. Here, the economy doesn't seem to boom as much as in some other places, but it doesn't normally fall into as deep a rut either.

Since we have a duplex my wife normally monitors the rental market. She just shared an observation with me. A couple miles away there are a group of three duplexes that a couple years ago rented out for $1050 a month plus utilities. Today there's an ad in the paper for one of these units for $785 plus utilities.
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