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

To: bentway who wrote (45332)	12/2/2005 11:38:48 AM
From: BWAC	Read Replies (1) \| Respond to of 306849

<won't a lot of those contractors be going belly-up soon?> Depends on the quality of work you do and your reputation. if your illegal workers show up and slop the job, you're going to have problems in a downturn. But meanwhile, the contractors who do the work themselves or use American labor are getting far underbid and losing business. What exactly would you steer your child towards that wouldn't be in danger of being outsourced? Right now everybody and his brother is either a real estate agent, rental mogul, landscaper, or home improvement contractor.

To: bentway who wrote (45332)	12/2/2005 11:43:11 AM
From: John Vosilla	Read Replies (2) \| Respond to of 306849

You are probably right Chris but American's today want it all now. Even the immigrants. I speak to them that come here to South Florida from Argentina, Brazil ect.. What they all love about America is you can find a job, work hard and be able to own things in a short period of time. One guy worked at GNC probably in mid 20's here two years from Argentina said he could never own a home, have a car and all the techno gadgets in his country this fast.. Great read in the Economist magazine this week on the fall of the Italian economy. Was shocked to here something like 40% of those in their 30's still live at home with their parents..