Every where I look there is talk about the recession starting or about to start. How concerned are you about the recession and what is the real big impact of it? Is there any real way to prepare for it?
Quite so, Don. If the Doom-and-Gloomers in the media are dressing up a lower rate of growth as a disaster then they need a good slapping.
well, I had given up all hope years ago of ever owning a home in the San Francisco area, because the housing economy has been so insanely out of control.
With the housing market around here starting to crash, we are beginning to see prices that are almost "reasonable", at least by San Francisco standards. We are starting to re-evaluate our options of owning a home. Our jobs seem secure, we have a bit of savings, and we hold no other debt. We are cautiously optimistic...
So, even if we borrow and spend, we aren't going to be able buy as much with what we spend.
Oh, Joy.