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Reality of Real Estate Two Faces of Anything Part 19

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Services for Real Estate Pros with Middlesex Properties ~ IRP

Two Faces of Anything    Part 19     Merrimack Journal   May 2008

Dr. Anthony G Ziagos, Sr.

In the Chinese language, characters are used instead of words. To the untrained eye they appear to be complicated and difficult. To the people of China, it is normal and easy to understand. Twenty years ago, at a real estate seminar, I learned an interesting piece of information and to this day I refer back to the wisdom and diversity of that observation. The Chinese character used for the word "Crisis" and the word "Opportunity" are the same.

Observation and perception are a lot like crisis and opportunity. When you observe an event you look at it based on your perception and your values. If you do not understand the history of an event or why it occurred your view is limited and bias. You cannot see the big picture if you do not have knowledge and information about the past.

Anyone observing an auto accident can attest to this. Same accident, two witnesses, two different stories. If you own a large block of "Oil Company Stock" your view of the oil crisis is very different than someone who has to fill their tank to get to work. If you depend on dividends from a pharmaceutical company for your retirement income, you may be less aggravated about the cost of prescription medication. If you want to buy a house you are more concerned about good value and less concerned about the seller's circumstance.

During these difficult times and economic crisis, opportunities are plentiful. People who are resourceful, creative and hard working take advantage of this time to become more efficient and look for ways to conserve and make every dollar count. The lazy and unimaginative and those who prefer entitlements to work, sit and moan about how bad things have become. ©2008 Middlesex Media Exchange/ All Rights Reserved

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