'Radical shift' in lifestyle coming

Inman Community brief

Inman News®

Editor's note: The following is a comment made on the Oct. 9 Inman News column, "Living in borrowed times."

"I have been working with way too many clients over the last several months who are in severe financial straits. One thing that I keep reminding them of is that they have to stop judging themselves by what they have; rather, they need to judge themselves by who they are. Having to give up material things does not make anyone a bad person. Recognizing that they can still put food on the table, clothes on their family's back and a roof over their heads helps to put everything into perspective. Yes, we are going to have to undergo a radical shift in our American lifestyle. But, even with this shift, most of us will still be living far better than 95 percent of the other people on this planet. We should be very thankful." --Peter J. Pike

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Submitted by Shannon Ziccardi on October 15, 2008 - 12:09pm.

Clearly, we have much to be thankful for. I believe we need to focus on [and repeat] the good news and the good deeds we see each day. This is, after all, the root of consumer confidence. Consumer confidence is the root of our current economic problems. Believe things will get better and they will.

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Submitted by Sam Chapman on October 15, 2008 - 12:27pm.

Many Americans have gotten spoiled and many have taken things for granted. If this goes on long enough, perhaps we well learn to save rather than live in debt. Perhaps we will create habits that involve efficiency rather than excess. I'm not for the difficulties lasting a long time, but we need to learn from this and the lessons we learn need to last - but will they?

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Submitted by Diane Cipa on October 15, 2008 - 2:03pm.

Wonderful observation.

 
Submitted by Bill Fooks on October 16, 2008 - 3:29am.

Bill Fooks
TFT realty Marketing Service
Warwick, RI
Fooksteam.com
Looks like we are getting back to old fashioned values. Work hard, save, don't covet they neighbors goods, live with in your means.
Is this really a life style change or the way it should be?
I think some of us abused the system, encouraged by those prifiting from it, and now the price is being paid.

 
Submitted by Alvin Paulson on October 16, 2008 - 11:31am.

I believe that success comes from failure, if we learn from it.

Dallas Homes for Sale

 
Submitted by Michael Daly on October 16, 2008 - 7:29pm.

The pendulum swings, and has a sharp edge.
Welcome to the layer cake...

Michael Daly
The Hamptons Real Estate Blog