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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Tradelite who wrote (5783)10/2/2002 5:16:23 PM
From: fattyRead Replies (1) | Respond to of 306849
 
>You say people are "easily replaced"--I say it's not that easy.

I said the 'average' American. Not your Harvard educated architect. There will always be people buying expensive houses. But the current housing market assumes the buyers to be Harvard grads making $150K a year.

In Boston, it was once the school de-segregation that drove the middle class away. Now it is the housing price.



To: Tradelite who wrote (5783)10/2/2002 10:02:09 PM
From: SouthFloridaGuyRead Replies (4) | Respond to of 306849
 
I'd rather take somebody from India since they are smarter than the Average American (includes 2nd/3rd generation Asians) grad and will work twice as hard for 1/2 the pay here.

Check out the Dean's List at any top university: Stanford, Berkeley, MIT - disproprtionate number of Asians.

It's not genetic, it's upbringing.

Just ask any Fortune 500 company.


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