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


To: Wyätt Gwyön who wrote (10945)6/2/2003 6:45:38 PM
From: Lizzie TudorRead Replies (1) | Respond to of 306849
 
my point is, that my comments about cultures that tend to be savers vs spenders (primarily asian cultures, I believe) had nothing to do with the socioeconomic status of the individuals involved, or americans for that matter.

Making a link between cultures that tend to pool family money for home ownership, or cultures that shy away from debt- with the socioeconomic status where 15 people live in a shack with no running water ... is quite a stretch, wouldn't you say?