Why High Gas Prices are a good thing

By
Real Estate Agent with RE/MAX Advantage

A lot has been written about the rising cost of gas, groceries and other goods and services that are related to the cost of gas.  With all due respect I see some good things coming from all of this.

I can't tell you how many sports cars and hummers that showed up in our community in 2005, a result of the "easy money" Realtors were making.  I saw young Realtors in their early 20's buying hummers, sports cars and expensive toys.  Many people told me they know bartenders that witnessed Realtors throwing around money like it was candy and boasting of their wealth.

We have lost many Realtors in our market over the past year that were once on top of the financial world but were not in touch with the true values that have meaning. I truly believe we are seeing some positive results from the current economic crunch.

  • We are less wasteful when it comes to gas.  We don't take it for granted like we used to.
  • We are more innovative. The high price of gas has got inventors and layman looking for ideas to improve gas mileage and efficiency.  This creativity would never have taken place if things had remained the way they were.
  • Less and less people are eating out in restaurants and actually cooking at home and having more family meals.  Imagine that novelty!  Can eating together be that bad?
  • More and more families are budgeting their money and looking at every possible way to save a few dollars here and there.
  • Our children are seeing our example.  They are seeing us get rid of our gas guzzling trucks and cars, seeing us work on our budgets, seeing us be less wasteful and are witnessing us eating together more.
  • We have become a more compassionate society.  I have seen church groups and other private organizations raising money for the elderly and the less fortunate that have been hurt by the rising cost of goods and services.

I hope we will all embrace these positive changes and never forget these positive changes caused by the economic crunch. Good things come from trials and tribulations and only trials and tribulations cause man to use his God given mind and talent.

 

 Posted By: George Tallabas - Boise Idaho Real Estate Agent - Associate Broker 
with RE/MAX Advantage, Canyon Counties #1 Brokerage in sales and listings
specializing in Boise Idaho Real Estate and Southwest Idaho Real Estate.

  

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Native Idahoan and Boise Idaho Real Estate specialist serving Boise, Meridian Eagle, Nampa, Caldwell and the surrounding Treasure valley area of southwest Idaho. Specializing in residential, investment, land and commercial real estate. Search thousands of MLS listings at Boise Homes for sale and learn all about Idaho by visiting Search Idaho Homes

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Rainer
7,901
Marc DeSantis
Countrywide Home Loans - Happy Valley, OR

I paid $3.99 a gallon the other day.  I've had it!  When it goes over $4 gallon I'm going to start riding my bike to work.  This will probably be Tuesday.  It's only an eight minute drive, so the bike ride should be a piece of cake.

May 25, 2008 04:10 PM #46
Rainmaker
290,164
Kathleen Lordbock
Keller Williams Realty Professionals - Baxter, MN
Keller Williams Realty Professionals

Bringing back a little family togetherness will be a great thing for the country.

This counrty has been through tough times before and grew stronger during that time. When times are easy, we get lazy and self centered.

May 25, 2008 04:30 PM #47
Rainer
8,110
Carolina Zepeda - REALTOR® Houston Texas Real Estate - www.carolinazepeda.com
Champions Real Estate Group - Cypress, TX

Definitely is all about perspective, I appreciated that you provide us with this set of mind. It is a positive way of seeing today's challenges. Thanks!

May 25, 2008 04:44 PM #48
Rainmaker
234,580
Patricia Beck
RE/MAX Properties, Inc., GRI, CDPE - Colorado Springs, CO
Colorado Springs Realty

I like your perspective in this post George.  I hope a creative alternative to gas is found fast!  My husband has been biking to work to save on gas and getting his exercise at the same time!  There are many good things that are coming out of this! 

May 25, 2008 04:51 PM #49
Rainer
16,377
Renee Busse
Tennessee Realty - Dyersburg, TN
ABR,ePRO Dyer Co. TN Real Estate
George - I really appreciate the positive angle on this blog - I was wondering where you were going with it. I think God is really trying to wake us up down here!
May 25, 2008 04:56 PM #50
Rainer
184,664
George Tallabas
RE/MAX Advantage - Nampa, ID
Idaho Real Estate

Marc - I'm sure it will be great for your health, not only your pocketbook!

Kathleen - Very well said.  Have a great day.

Carolina - You are very welcome.  I hope all is well.

Patricia - I'm sure your husband is getting in great shape! Have a great day my friend.

Renee - Thank you and we all need a wake-up call now and then.

 

May 26, 2008 01:42 AM #51
Rainer
49,980
Denise OnullDell
Santa Clarita Mobile Notary - Santa Clarita, CA
Mobile Notary Public/Real Estate Agent

George - Yes, I've been hearing a lot of whining lately about the price of gas, etc.  I really enjoyed reading your positive words.

Times have definitely changed since I was a kid.  I grew up in a low-income family.  I can tell you I was overjoyed to get a new pair of shoes or a new dress for school (even if they were from a second-hand store), and boy was I ever thankful for those brand new pajamas at Christmas... and those were the good days before my dad left.  After that, we were lucky to have food to eat.

I became successful and at times I must admit I splurged on things like clothes and shoes, but for the most part, I have lived frugally because I know what it's like to be without.  

Today, I try to stay positive in times like this, and appreciate what I do have (like my health for instance), instead of what I don't have.

 

Jun 05, 2008 01:21 PM #52
Rainmaker
807,364
Lanre-"THE REAL ESTATE FARMER" Folayan
Keller Williams Select Realtors-Buy a home in Washington DC. Sell a home in Washington DC - Bowie, MD
I don't make promises.I deliver results.SOLD HOMES

Sometimes we need to see the good things out of a bad. High gas prices have brought family members together and made people manage their money better. Great post George.

Jun 05, 2008 01:29 PM #53
Rainer
184,366
Tina Merritt
Nest Realty - Blacksburg, VA
Virginia Real Estate

Maybe we will go back to a 1 car family???  Why not if only one parent works????

Tina in Virginia

Jun 05, 2008 01:30 PM #54
Rainer
184,664
George Tallabas
RE/MAX Advantage - Nampa, ID
Idaho Real Estate

Denise - What a thoughtful comment.  Be blessed and have a great evening.

Lanre - Very, very true...thank you.

Tina - He, he

Jun 05, 2008 01:36 PM #55
Ambassador
530,035
Mirela Monte
Buyers' Choice Realty - North Myrtle Beach, SC
Myrtle Beach Real Estate

And this, my friend, is what I call a true Optimist! 

Bravo George!

Ah, sorry; Mr. Tallabas!

Gottha!

Jun 06, 2008 03:33 PM #56
Rainer
184,664
George Tallabas
RE/MAX Advantage - Nampa, ID
Idaho Real Estate

Ms. Monte...Oops, Mirela....thank you!

Jun 06, 2008 03:39 PM #57
Ambassador
530,035
Mirela Monte
Buyers' Choice Realty - North Myrtle Beach, SC
Myrtle Beach Real Estate

That's better, George!

Thanks for always being such a great guy!

Jun 06, 2008 04:22 PM #58
Rainer
184,664
George Tallabas
RE/MAX Advantage - Nampa, ID
Idaho Real Estate

Mirela - Have a wonderful weekend.

Jun 07, 2008 03:11 AM #59
Rainmaker
906,125
Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
Realtor®, Springfield Mo Real Estate

George, hard times always bring out the best in people.  Remember our parents were very tight with their money and kept everything.  If we only buy what we need, not what we want, bring our lunch instead of eating out, plan our daily events around our gas, we will all be better off.

I have become my dutch husband....very tight!

Jun 07, 2008 01:00 PM #60
Rainer
184,664
George Tallabas
RE/MAX Advantage - Nampa, ID
Idaho Real Estate

Kay - Very true my friend. I hope all is well for you.

Jun 07, 2008 01:14 PM #61
Rainmaker
510,181
Robert L. Brown
www.mrbrownsellsgr.com - Grand Rapids, MI
Grand Rapids Real Estate Bellabay Realty, West Mic

What a valuable lesson to learn. It is cyclical. Now is the down time. We will rebound and hopefully when we do we use more common sense.

Jun 07, 2008 01:16 PM #62
Rainer
184,664
George Tallabas
RE/MAX Advantage - Nampa, ID
Idaho Real Estate

Robert - Right on...have a great evening.

Jun 07, 2008 01:21 PM #63
Rainer
15,862
Bob Cosby
One Source Realty - Shaw AFB, SC

I'm thinking about staying at home and saving money now a days....lol. Really, I chase the people that have to drive many miles to get to work and try to stress how they can turn that into a better mortgage. Very good post and we're rebounding slowly here in Sumter SC

Aug 11, 2008 03:04 PM #64
Rainer
184,664
George Tallabas
RE/MAX Advantage - Nampa, ID
Idaho Real Estate

Bob - Not a bad idea.  Have a great one.

Aug 16, 2008 09:22 AM #65
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