Kona Kohala Blog

March 12th, 2008 1:34 PM

I was talking to a couple yesterday and the economy came into the conversation.  They were lamenting the coming recession so I asked them, "How will a recession effect you, personally?"  They both looked at me with a blank stare, their mouths slightly open as if ready to speak but no words came to mind.  Enjoying this moment I said, "Just what is a recession, any way?"

I knew it was time to move on at that point since neither of them had any more to say about the recession.  All afternoon then, I would steer conversations to the recession then ask, "So, what effect will a recession have on you?"

I was amazed by the lack of answers to that questio.  No one had an answer, they all just looked at me like I'd broken the news that the emperor had no clothes.  How can a headline like recession paralize so many people and yet none of them have any idea what impact it will have on them?

So, how will a recession effect you?


Posted by Robert Ferrari on March 12th, 2008 1:34 PMPost a Comment (0)

Recent Posts:

Archive:

My Favorite Blogs:

Sites That Link to This Blog:

Ferrari Pacific Realty Corporation 76-6340 Kololia Street Kailua Kona, HI 96740-2261
Phone: Toll Free Phone: Fax:

Why Get An Inspection? | Title Information | Contact Us | Buying Process | Useful Links | Privacy Policy | Loan Mods | Testamonials | Data Sites | Newsletter | Housing Programs | Buyers | Download Adobe Acrobat | News | Home | The Bi-Weekly Mortgage | Search Hawaii MLS | ARM Calc | APR Calc | 15 vs 30 Year Mtg Calc | Balloon Mortgage Calc | Mortgage Payoff Calc | Rent vs Buy Calc | Refi Breakeven Calc | Mortgage Calculators | Your Dream Home | 9 Steps to Ownership | How to Sell Your Home | Staging Your Home | Ethics in Real Estate | Kona Kohala Blog

Copyright © 2012 Ferrari Pacific Realty Corporation
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map
All rate, payment, and area information are estimates and approximations only.