Real Estate Darwinism

Hi Laurie,

It is interesting to hear how gas prices are affecting other parts of the Nation.  I am starting to see a similar trend here where the suburbs take up a majority of sales for our city.  Kind of like a domino effect for all things we purchase, as you mention groceries and cars.  Personally, I am making changes in all aspects cost wise, I see clients doing the same.

Also, I was wondering about why the gas is burning quicker, mystery solved. :)

Reading your posts, Long Beach sounds like a gorgeous and convenient place to buy! 

Stephanie,  I find it inconceivable that the gas companies are tinkering with the gasoline mix at a time when they are also charging outrageous prices for the mix.  America is being held up.  As if it is not bad enough that prices are in excess of $4.50 a gallon, if you play in the faster burn of the mixture where does that leave us?  Maybe an actual $6.00 a gallon?  More?

It is my opinion that this is a criminal act that was sanctioned by the illustrious idiot who currently sits in power. 

Salaries across America have not kept up with the steeply rising cost of living.  Where the hell is the solution? 

How are Americans earning normal salaries, trying to feed and house their families going to make it?  What is going to happen to them when they cant?  Are we going to have more people living in the streets? 

Something has to bust!

Stephanie, :-)

During the hot sellers market I listed and sold a lot of homes.  Almost every single seller was relocating out of state, many up to the Washington/Oregon area, some elsewhere.  All had in mind future retirement and a more financially and people friendly environment.  Average age of the sellers was early 40's.  Most went into either early or semi-retirement upon arrival in their new homes. 

They definately need to cool it with the huge profits, although a large portion of it is taxes as well.

While learning to conserve is great it's just not nearly enough, like we all said, soemthings got to bust!

Colleen,  Most communities outside of major metropolitan areas have insufficient or no public transportation.  While it certainly would solve some of the problem, that solution is 20 years into the future.  We need an immediate solution. 

I reember as a child when inflation went out of control the government would issue price freezes.  Funny how nobody is calling for government sanctions to freeze prices and save many of our citizens!  That seems like a more immediate solution while the details are ironed out. 

It just seems like everybody is out to gouge the public with no regard for the consequences, which will be felt and paid for by all. 

Kaye,  I just don't see how people are going to have a choice, if they don't move closer to work, they are going to have to choose between buying gas or paying the mortgage.  A hell of a choice, huh?!?

Hi Michael, I've too have been receiving calls inquiring about purchasing small condos in town to reduce both the cost and the stress of travelling to work. I think we will all be seeing more of this as well as the downsizing.  Eveybody is doing what they can to cope.

Thank you.