Thursday, August 19, 2004

This looks like a book I'm going to read. Chronicles the movement away from the madness of the overcrowded expensive suburbs to smaller more real places.
Check out this quote: "A sustained poor or flat stock market is what will trigger the professional middle-class flight out of cities and suburbs. The logic is easy to understand. We will suffer with a small house, a hefty mortgage and a grinding commute if we think by these sacrifices we can retire by age 55, thanks to our rapidly appreciating house and retirement portfolio. But take away double-digit annual appreciation of our two biggest assets and throw in worries about retirement, and we begin to feel like slaves. "

Spot on. The link is here: Life 2.0 excerpt.

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