REAL Real Estate Cycle Changes

Ah, the balm of perspective. We hear a lot nowadays about cycles and how long this one will take to rise again and so on and so forth. And frankly, things are really crappy out there due to a crisis of confidence in just about everything.

Take heart. I've been enjoying a book entitled "Annals of the Former World," by John McPhee. It's a history of the geology of the United States (actually it's a book about writing). It's a poetic rumination about the rise and fall of mountains and mantles and men. McPhee won a Pulitzer for it (despite what the New York Times had to say), after spending about 20 years writing it. Scotland was scoured by glaciers, hence every golf course in the world is cut to look as if a glacier had rolled across the landscape. McPhee points out - offhandedly - that ice ages historically roll across the planet on a regular basis.

The next one is due in 90,000 years.

 Rather than worry about your real estate today, try playing golf.

 Scott Seckel, Editorial Director, NEXZUS Publishing

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