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

To: fatty who wrote (17149)	2/13/2004 2:17:21 AM
From: Amy J	Respond to of 306849

fatty, RE: "you suggest they should pursue a higher degree, as if they actually have the brains for it." Feel quite strongly that people can achieve more than the low expectations other people set for them. Have tutored many C,D, and F students into A's or B's, and some were college students with disabilities that others labeled as fixed in growth. I have a sister who is mentally retarded that we successfully helped in math during one particular year, when her math teacher didn't give her the attention she needed. Today, she works and is sharp as a tack with counting money. RE: " Back then the take home pay of $30k salary was about $2000. A one bedroom rental was about $600. So you had about $1000 for everything else. .... Now, one bedroom cost about $1200. So the same take home gives you about $600 for every thing else." I see your point and agree with your assessment. I would also add, there is a real estate bubble that's artificially holding up prices that do not appear to match median wages. AG appears to like Real Estate bubbles. His latest report indicated he thought real estate's increase was a "good" thing because it allows consumers to spend their equity without negatively impacting their % equity. Doesn't he recognize a real estate asset bubble? Maybe the govt has its debt to feed with bonds. Regards, Amy J