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


To: CalculatedRisk who wrote (59538)8/10/2006 12:00:12 AM
From: John VosillaRead Replies (1) | Respond to of 306849
 
"It's hitting everybody real hard right now, especially the people on the low end of the totem pole. I see a lot of the small guys getting out of the business and going to industries where their incomes are more stable."

And what exactly is that going to be in SW Florida where RE is the economy? It's going to be like a 90% pay cut working at a fast food restaurant or the night shift at a hotel.