how much does career suicide cost?

[A Duston]

Plus I heard on the radio, that some folks are pulling out of the stock market
(Really!), and dumping the money into a real estate.  I.e. a larger home.

Hal
Bradley Miller wrote:
> 
> At 07:02 PM 8/1/02 -0500, Marvin [GodfatherofSoul] Bellamy wrote:
> > BTW, to you
> >home owners out there with some business knowledge.  Why is the housing
> >market still climbing?  You'd think that the value of housing would drop
> >now that fewer people can afford them.
> 
> That's the wildcard in this weird economy -- a lot of people are asking
> those same questions.  I *thought* I read that existing home sales is down,
> while new home sales is still up?  Perhaps I'm wrong . . .
> 
> My theory?  (And it can only be called that at best . . . )  I think that
> some people are still trading up/out/etc... while the interest rates are
> lower.  Why buy someone's used home for $100,000 when you can get a brand
> new home for $140,000 and about the same payment that someone 4-5 years ago
> had?  That being said, I haven't seen too many new homes that I would want
> to pay even $100,000 for.  They are sloppily put together, cheap looking
> interior wise, and about as useful as  . . . well you get picture.  I'm
> quite happy with my 20 year old house (1982 - hard to fathom . . . ) that
> has a nice large driveway and real wood everywhere.  Our home was model
> home for this subdivision when it opened up so it has a lot of little neato
> (for the time) things to spruce it up
> 
> -- Bradley Miller