Comments on: Do You Know Your Economic ABCs? Or Better, Your UVWs? http://www.biggerpockets.com/renewsblog/2009/10/13/economic-abcs-uvws/ Learn, Network, Invest Sat, 11 Feb 2012 16:57:56 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Peter Giardinihttp://www.biggerpockets.com/renewsblog/2009/10/13/economic-abcs-uvws/#comment-74267 Peter Giardini Fri, 16 Oct 2009 01:32:33 +0000 http://www.biggerpockets.com/renewsblog/?p=7736#comment-74267 Joe,Yes... everything is local. On the street corner is where the action is... and that action will continue for some time to come.Congratulations on picking up the gem. Joe,

Yes… everything is local. On the street corner is where the action is… and that action will continue for some time to come.

Congratulations on picking up the gem.

]]> By: JOE SIXPACKhttp://www.biggerpockets.com/renewsblog/2009/10/13/economic-abcs-uvws/#comment-74217 JOE SIXPACK Thu, 15 Oct 2009 01:49:28 +0000 http://www.biggerpockets.com/renewsblog/?p=7736#comment-74217 Have you ever heard the phrase, "all politics, is local"? All economies are local. Every market has its winners and losers. The bar across the street from the obsolete manufacturing company that just laid off 500 workers may be suffering a little at lunch, but they may be the hot spot after work. The upper class lunch spot might be hopping with no regard for the economy at large. Bottom line is that quality properties are selling at depressed prices. Thanks to the doom and gloom, I just picked up a gem. Have you ever heard the phrase, “all politics, is local”? All economies are local. Every market has its winners and losers. The bar across the street from the obsolete manufacturing company that just laid off 500 workers may be suffering a little at lunch, but they may be the hot spot after work. The upper class lunch spot might be hopping with no regard for the economy at large. Bottom line is that quality properties are selling at depressed prices. Thanks to the doom and gloom, I just picked up a gem.

]]> By: Peter Giardinihttp://www.biggerpockets.com/renewsblog/2009/10/13/economic-abcs-uvws/#comment-74208 Peter Giardini Wed, 14 Oct 2009 20:39:52 +0000 http://www.biggerpockets.com/renewsblog/?p=7736#comment-74208 Dave....Bravo... Bravo... Bravo... Dave….

Bravo… Bravo… Bravo…

]]> By: Dave Sharphttp://www.biggerpockets.com/renewsblog/2009/10/13/economic-abcs-uvws/#comment-74198 Dave Sharp Wed, 14 Oct 2009 17:36:57 +0000 http://www.biggerpockets.com/renewsblog/?p=7736#comment-74198 Things are definitely cyclical and doom and gloom does sell, but if you're ignoring the facts on the ground, then you're simply in denial. There is no doubt that the US Economy is flailing. There is no doubt that the dollar is weakening. There is no doubt that we're going to see serious inflation in the not too distant future.That doesn't mean we should be paralyzed by fear, but to pretend that things aren't worse than they are in a typical cyclical recession is to play ignorant. Get out and make good business decisions and good investments, but don't think that we're going to suddenly bounce out of this because of hope and dreams of an inexperienced President. Things are definitely cyclical and doom and gloom does sell, but if you’re ignoring the facts on the ground, then you’re simply in denial. There is no doubt that the US Economy is flailing. There is no doubt that the dollar is weakening. There is no doubt that we’re going to see serious inflation in the not too distant future.

That doesn’t mean we should be paralyzed by fear, but to pretend that things aren’t worse than they are in a typical cyclical recession is to play ignorant. Get out and make good business decisions and good investments, but don’t think that we’re going to suddenly bounce out of this because of hope and dreams of an inexperienced President.

]]> By: Peter Giardinihttp://www.biggerpockets.com/renewsblog/2009/10/13/economic-abcs-uvws/#comment-74183 Peter Giardini Wed, 14 Oct 2009 02:39:16 +0000 http://www.biggerpockets.com/renewsblog/?p=7736#comment-74183 Liz... you are so right. Doom and gloom does sell.And amoungst all of the turmoil is where the opportunities are... and the commerical arena is the next big thing. Liz… you are so right. Doom and gloom does sell.

And amoungst all of the turmoil is where the opportunities are… and the commerical arena is the next big thing.

]]> By: Lizhttp://www.biggerpockets.com/renewsblog/2009/10/13/economic-abcs-uvws/#comment-74180 Liz Tue, 13 Oct 2009 23:39:50 +0000 http://www.biggerpockets.com/renewsblog/?p=7736#comment-74180 Doom and Gloom is what sells. My income is definitly down from previous years, but I know everything is cyclical and this too shall pass. Doom and Gloom is what sells. My income is definitly down from previous years, but I know everything is cyclical and this too shall pass.

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