wrote in message
ups.com...


The whole country got hurt? The dot com bust didn't effect me one bit.


The housing bubble will behave similarity. Those who have saved and
life an austere lifestyle will prosper most, as they will become the
vultures in the pennies on the dollar housing market. Real estate is
soooooo 2004....


[snip]

Let's not forget that the housing price run up has been good to homeowners
who bought years ago and choose to sell or refinance now and it's also been
good for people in the building trades.

I haven't given the subject of a housing market bubble much thought one way
or the other. But I've seen the prices on various radios soar over the last
few years, which seems odd given the way SW radio has declined. It's my
suspicion that there's a bunch of older guys who are finally getting the
radios they always wanted. They know that a few grand is alot of money, but
that few grand now comes alot easier than a few hundred did back in the
fifties.

There's a bunch of radios which have sold for alot more than I would have
paid. So what! To me, they're just radios. But to some buyer, they might
be much more than just radios. Those radios might be a dream fufilled. How
can any outsider call that buying stupid?

I also wouldn't be suprised if there's some greedy investor types who are
trying make alot of money. Who will be buying those radios in the future?
The old guys will have the radios they want or they'll be gone and nearly
all the kids will find radios totally uninteresting. And for the
"investors" who have no interest in radio, buying stupid will be it's own
punishment.

Frank Dresser