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


To: MulhollandDrive who wrote (8464)1/24/2003 5:24:32 PM
From: GraceZRead Replies (1) | Respond to of 306849
 
your friends may be too dumb to calculate their gas mileage

It was a few years back when I asked and I think they were feeling just a little too rich to care. I'll bet if i asked them now they'd be smart enough! -g-

Having less or feeling poorer does make people make wiser decisions. I see this all the time in the small businesses I work with. They go through a boom, start making serious money and before you know it, they lose all sense of cost control , they are throwing money all over the place and not getting much back for it. The boom ends (as they all do) and then they are forced to become smart shoppers again.

This is why I think it's better to start a biz in a recession then in a boom. It forces you to make the crucial decisions, the ones that determine whether you live or die. If your biz survives the worst of times, it'll have a good foundation for during a boom when the fair weather operators come out of the woodwork.



To: MulhollandDrive who wrote (8464)1/24/2003 6:30:42 PM
From: patron_anejo_por_favorRespond to of 306849
 
I was about to scold you for the incessant car talk, but it occurred to me that since so many people will be living in their cars in years to come, that it might qualify as a real estate discussion!<G>