Letters

Letters 09-01-2014

Hamas Shares Some Blame

Even when I disagree with Mr. Tuttle, I always credit him with a degree of fairness. Unfortunately, in his piece regarding the Palestinian/Israeli conflict he falls well short of offering any insights that might advance his readers’ understanding of the conflict...

The True Northport

I was disappointed by your piece on Northport. While I agree that the sewer system had a big impact on the village, I don’t agree with your “power of retirees” position. I see that I am thrown in with the group of new businesses started by “well-off retirees” and I feel that I have been thoroughly misrepresented, as has the village...

Conservatives and Obamacare

What is it about Obamacare that sends conservatives over the edge? There are some obvious answers...

Republican Times

I read the letter from Don Turner of Beulah and it seems he lives in that magical part of the Fox News Universe where no matter how many offices the Republican Party controls they are not responsible for anything bad that happens...

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Jack Lane

 
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Monday, February 23, 2009

The future of real estate in Northern Michigan

Other Opinions Jack Lane I know we’ve all been shaken dramatically by the double whammy of the stock market dive and the real estate market dive. Worse yet, none of this was our fault – we were just playing the Great American Dream the way we were taught. Yet, tens of thousands of dollars have disappeared from our vision of what we thought we were worth.
I have good news for you. This is not the end of times. Most of us will be worth that much, again – and more. There have been nine other pronounced real estate declines in the history of this great country – and, every time, real estate has bounced back in dramatic fashion. This one will have the same result.
If you’re a seller, you hate this market. If you’re a buyer, this is the market you dream of. Keep in mind that most sellers will turn around and become buyers – so, even their dilemma is not as painful as the headlines suggest. Does it suck to be in this position? Absolutely! But whining doesn’t accomplish much. Besides, there is a silver lining to this “crisis,” so let’s have a look at the situation and decide how to proceed:
 
 
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