The problem with sellers' psychology is they keep believing that what they
have is worth what it was at its highest point (2007) and what they own
somehow is immune to the market and hasn't gone done in value. Unfortunately
everything from stocks (DOW down ~30% since 2007) to real estate (case-shiller
home index down ~30% since 2007) are down. Not to mention continuing gains
in these asset classes which were the "piggy banks" funding America's
discretionary purchases, and that "bank" is closed for a while, further drying
up people's buying power. Of course, if a seller is willing to wait and
wait, they'll eventually get their price, might just be a while (ie,
years)...
--- On Tue, 8/10/10, Tony Somebody <achd73@yahoo.com> wrote:
From: Tony Somebody <achd73@yahoo.com>
Subject: Re: [Tigers] Tiger for sale
To: tigers@autox.team.net, rande@thecia.net
Date: Tuesday, August 10, 2010, 12:30 PM
Well I hop he gets it as that maks all our cars worth much more than w have
thought them to be worth. BUT, something tells me he either does'nt want to
sell or he is nutz. I still wish him or her all the luck in the world.
TtT
_______________________________________________
Tigers@autox.team.net
Donate: http://www.team.net/donate.html
Archive: http://www.team.net/archive
Forums: http://www.team.net/forums
|