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: Amy J who wrote (28450)	3/21/2005 2:43:03 AM
From: Elroy Jetson	Respond to of 306849

Yes, the move from one-income families to two-income families achieved no advantage for families when buying a home. If you wave a wand and double everyone's income, the price of other Primary Factors of Production like real estate doubles as well. .

To: Amy J who wrote (28450)	3/21/2005 9:27:58 AM
From: bentway	Respond to of 306849

I'm already there, Amy! Tune in, turn on, drop out. <g>

To: Amy J who wrote (28450)	3/21/2005 6:04:22 PM
From: GraceZ	Read Replies (3) \| Respond to of 306849

If working and generating income leads to higher priced houses, why not stop working, have fun instead? Maybe all guys should stop slaving away and stop working. Watch house prices drop by 50%. : ) Years ago, I was sitting in the living room reading Bill Gates's book (something about a Road). In it he stated that he didn't much care for gambling because he had long ago satisfied whatever material needs he might have so winning money didn't thrill him, but what he was continually in short supply of was time. He said he would gladly gamble if he could get time out of it instead of money. I put the book down and repeated that passage to my husband and then said, "Isn't it a shame it always seems that even if you have lots of money you don't have lots of time and if you have lots of time you don't have any money?" John puts down his paper and says, "I'd settle for either one." That's when I realized that it really is true that most men really do live lives of "quiet desperation".