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

To: David Jones who wrote (12552)	8/17/2003 8:25:09 PM
From: Tradelite	Read Replies (1) \| Respond to of 306849

David, I agree with your point totally. Almost replied to that post myself a while back, but refrained. I'm thinking that the elderly folks I know who have accumulated some wealth owe absolutely NOTHING to the tech industry--or any other particular industry-- for this wealth. They did it by working hard and retiring in their chosen fields, saving money, investing wisely in a paid-off home as well as the stock market (not tech stocks, necessarily) and living frugally. Where is it written that they should "morph" themselves or the prices of their hard-earned property into anything for the sake of younger people today?

To: David Jones who wrote (12552)	8/17/2003 9:17:27 PM
From: Lizzie Tudor	Read Replies (3) \| Respond to of 306849

This 'renter class' what ever that is? Are a bunch of greedy turds for coming in and starting something you find greatly appealing. How dare they have vision. Nurturing an area and hence an industry form basically nothing. David.... spare me with the "vision" argument please. How about this. I know I am going to want to use water in 30 years. My water bill today is too high. I don't want to conserve in the case of any draught. I'm going to go around to all my neighbors and pass a PROPOSITION that says anybody living here will never have a higher water bill than today. Sound fair to you.... and visionary? I was a kid in the early 80s with no money. Any idiot could see property was going up. The game was get in quickly and lock yourself in so you never had to pay more than that "locked in" amt. It was an unimaginable scam perpetrated against the younger generations. My teenage friends and I could only sit and watch, and pity the poor kids born in the 70s like my employees. Shame on you for enriching yourself at their expense.