Redefining Realtors in tough times

Diary of a Real Estate Rookie: Roadmap to Recovery

Inman News

Flickr photo by <a href="http://flickr.com/photos/foreverphoto/2760042027/" target=blank>KellyB</a>.Flickr photo by KellyB.

There's a biblical story about seven abundant years and seven years of famine, and, collectively, we forgot to read it.

We're all at fault, really. As a nation, we did not invest the profits from the good times in new roads and bridges, or in spending that would have bettered America and created new jobs; instead, we spent them on a disastrous war. As individuals, those of us who profited from the boom (which is pretty much most of us, because even if you're middle-class and your real wages didn't grow, chances are that you've got a nicer TV than you had eight years ago, and a better phone) did not save for a rainy day the way we should have.

more...

To continue reading sign in to your Premium Membership Premium Member account.

Premium Membership Premium Members have full access to all news archives.

Buy Now Purchase 1-year Premium Membership - $149.95

OR

Buy Now Purchase Monthly Premium Membership - $19.95