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

To: John Vosilla who wrote (275836)	9/14/2010 6:38:24 PM
From: koan	Read Replies (2) \| Respond to of 306849

<<'So our housing prices are just now moving through old highs. Our rents are to the moon' That is incredible...worth watching and running out of land anywhere in Alaska is ironic.. funny the environmental movement must really have had their hands in the pot everywhere up there..also must be very high payed union workers to afford such expensive accomodations...where is Palin when you really need her?> Palin quit, the job was over her head. I am in Southeast Alaska and unless you are in front of a receding glacier (glacial morain) most of the land is wetlands, swamp, mountains, bedrock, cliffs and without sewer. But we were also smart and in the 70's we created a huge government program, The Alaska Permanent fund, fighting the right wing Republicans and oil companies all the way (they hate big government programs). We liberal dems had control of the house and insisted that 25% of all of the state oil revenue be put in a permanent fund for the kids. We even got it put in the consitution, so no one could raid it or kill it. Today we have almost 50 billion in it and the revenue pays for all of our social services (we pay no state taxes at all) and everyone gets a check for about $1,500 every year. Any state could have done that, but didn't like big government I guess? I hear they can't manage anything. Our big government has done pretty well. We also have strong unions up here, so people get a fair wage.