Reply With QuoteIt's not at the moment. Real estate is starting to go through a dry period after a recent boom. But real estate always bounces back- it's the one business that always does.Originally Posted by diffusionx
I went to school at University of Delaware. I should've stayed there. :P
Can you dig it?
It's not at the moment. Real estate is starting to go through a dry period after a recent boom. But real estate always bounces back- it's the one business that always does.
Dolemite, the Bad-Ass King of all Pimps and Hustlers
Gymkata: I mean look at da lil playah woblin his way into our hearts in the sig awwwwwww
can't wake up
Every business always does. Well not horse-drawn carriages or anything. The stock market always bounces back to.
Obviously house prices will continue to go up over the decades. But the prices we have today and yesterday were not indicative of the market - just like Yahoo and Pets.com being priced at like $330 a share in 1998.
Can you dig it?
Every other business is far less predictable or regular as to when (or if, they don't always) they'll bounce back. But real estate is one of the surest bets. People always need land.
Dolemite, the Bad-Ass King of all Pimps and Hustlers
Gymkata: I mean look at da lil playah woblin his way into our hearts in the sig awwwwwww
can't wake up
The current market was just fueled by speculation. People didn't need land, they invested in land because the stock market was shitty and Greenspan's shitty policies favored it. Once people stop speculating prices should return to Earth and proceed in a more normal way.
The mindset got pretty bad. I think they still show those get rich in realastate fast infomoricals late at night.
B Student
Someone explain this to me. I go to a fairly large school that is in the middle of the Shenandoah Valley here in Virginia (James Madison University). Now why would my school have a shit ton of people from New Jersey. It's almost like the Virginia Residents to Jersey Residents ratio is 1:1. Explain, Jerseyites.
can't wake up
Aside from Princeton, New Jersey doesn't have great colleges. Rutgers is decent at best. New Jersey is a fairly wealthy state, though, because the citizens suck off the teat of New York City. So the parents can afford to send their kids out of state. NJ has on the whole very good public schools so the kids get grades good enough to go to better schools.
The stereotype about Duke having a bigger fanbase in NJ than NC stems from this.
I think brain drain is a problem here (Ive read about it in newspapers on occasion), because parents send their kids to other, better states and the kids dont want to go back. I know I didnt, but I had to, and I plan on leaving in the near future.
Last edited by diffusionx; 22 May 2006 at 06:46 PM.
The Remix
Everyone who lives here that is in our age group yearns to leave. None of us had a choice, we were all either born here or our parents moved here for whatever reason. 20+ years of this shit gets old FAST.
Personally, I can't wait to get out of here.
Virginia = lowest cost of living of any of the 50 states.
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