Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: RealMuLan who wrote (8339)	1/22/2003 2:00:14 PM
From: GraceZ	Read Replies (1) \| Respond to of 306849

The guy has a crystal ball? How can you talk about economic mobility using anything but the past? BTW I heard the same thing in the late 70's when I graduated from college. We were never going to live as well as our parents, it was a given that everyone accepted. It's easy to see how they thought that considering there was double digit inflation and taxes were sky high. Meanwhile the inflation rate dropped for 20 years, interest rates dropped for 20 years and a lot of my impoverished friends got wealthy in the subsequent boom. There was even more BS about how the deficit was going to sink the country and swallow us whole. It's laughable in retrospect.