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How Many Lives Does the Industry Have Left???

As you know or may have heard. The Fed to the rescue again today. How long will this go on?

Posted by Paul Durry, Broker Associate, CHMS, I.R.E.S. on 09/07/2008 10:39 PM

Industry Survival in the ActiveRain Channel

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8 Comments on How Many Lives Does the Industry Have Left???

SEP

2008

I'm afraid that the bailouts will not stop. Maybe next will be Visa. With record defaults on the rise for this and other credit card companies I wonder if they to will be considered to larg to fail. www.vizionkc.com

I just watch with amazement. Ithink that things are on their way up though. It is not the great depression. Maybe we have learned something

Stunning, simply stunning.

My question is how is this going to affect us?

SEP

2008

Paul. This is kindof scary. But, all we can do is wait. Royal..

I don't know, but I think the gov't is finally realizing the seriousness and trying to correct it. Not sure they will really be able to accomplish the turn around any time soon, although I hope they do.

It is going to go on for a while longer. We need to be patient and watch the market.

JAN

I agree we (realtors) have to live by Darwins theory of survival of the fitest and the "Big Indusrty" goes by a different set of rules.

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