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

To: Tradelite who wrote (31401)	5/17/2005 3:07:31 PM
From: bentway	Respond to of 306849

Yeah, the Mormons here remind me of the hispanics in S. Cal. In S. Cal., the hispanic girls seemed to get pregnant as soon as they are capable, and then just keep getting pregnant from then on, by their own choice. Same with the Mormons. Both groups are encouraged by their churches to have large families. Not much thought given to the finances, and not all the Mormons are well off. If they can't get enough help from the family or the church, they start maxing out the credit cards. A common sight here is some guy selling posessions by the roadside.

To: Tradelite who wrote (31401)	5/17/2005 3:13:48 PM
From: Tradelite	Respond to of 306849

Here's one way to prevent land speculation and stop the bubble. Pass out flyers!...... From Sunday's Wash Post, by Sylvia Moreno: COUNTRYSIDE LIVING COMES AT A PRICE: FEW CITY AMENITIES For all those city slickers who fall in love with Santa Fe--hip city of five-star hotels, gourmet restaurants, world-class art museums and trendy boutiques--and then decide to buy a patch of land outside of town, county officials have a message for you: Buyer beware. They are set to publish a handbook entitled "The Code of the West" or "How to Avoid Surprises and Be a Good Neighbor When You're Buying, Building and Developing in Santa Fe County." In other words, your dirt road is going to get dusty during drought and muddy during rain, and it is likely never to get paved. There's no gas or cable service, no DSL lines, no mail or newspaper delivery, no curbside trash pickup, no telephone or electric service in some areas, and power outages in general. It is your responsibility to to keep your neighbor's cows out of your yard, but if your dog chases those cattle, it is liable to get shot. And if the manure next door stinks--well, that's the way it is in the country. Coyotes and bears roam onto homesteads, and rattlesnakes like to curl up on doorsteps. Cell phone service is spotty, and because of the vast distance, response by county emergency vehicles is difficult. If your house starts burning, it's probably going to burn down, Santa Fe County Commission Chairman Mike Anaya said. Anaya proposed the handbook, which is based on one written a decade ago by a former commissioner in Larimer County, CO. Rural counties in Arizona, Montana and Texas have adopted similar booklets. "It's not intended to scare people away--it's just meant to inform them," Anaya said.