Theres opportunity here ......take advantage of the low rates, low prices and rental market growth and purchase an income property
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"I don't know half of you half as well as I should like; and I like less than half of you half as well as you deserve"
Places with low economic mobility tend to have problems like political instability (e.g. poor otherwise-hopeless people grasping for straws offered by far-left politicians -- not exactly good for anyone, including the wealthy), crime (even if you are wealthy, do you really want to have to drive an armored car and hire bodyguards and other heavy security?), and less economic growth (if a lot of potential talent is wasted, the economy is smaller than it otherwise would be -- even the wealthy may find that their businesses and investments do less well if no one else has money to buy from them).
Last edited by tjl; 10-05-2012 at 03:05 AM.
I stand by my..."you get out of life what you put into it" belief.