Confirmation has come to me that the economy, real estate, and things in our country just really suck.  I had dinner with another friend last night who lost her house this year due to state of the economy and the way her mortgage was structured.  Side note; it seems I have friends scattered in cities all over the country.  I never realized…  That said, we sat at dinner and told our stories because it has been years since have seen each other or spoken.  She is doing okay financially, smart, has a good bead on things, her job is “semi-secure,” but things spiraled out of control and she had to give it up… This seems to be becoming “normal” in my conversation(s).

I had dinner with another friend the previous night, and he sells real estate.  Rather he is trying to sell real estate.  He has been in the business for years.  200,000+ dollar properties going for 35,000 – 50,000 dollars. Huh????  The people buying them, are not home owners, they are investors buying rental properties… The ROI on these homes is roughly five years for the person renting it to his tenant.  The upside is that those that lose their homes can rent and have a roof over their heads as long as there is money coming in.

My point, however, is that “bad” seems to be the norm thee days, and that recovering a life that has been is on the minds of those who are struggling.  I guess it is a “what is normal” question.  I suppose any situation can become or feel normal.

I also think that I am a little more thankful today.  A little more thankful for my job and life at the moment.  I have struggled before, and try to remember that.  It slips my mind from time to time, however.  That is my normalcy.  Speaking with my friends this week, however has been a strong reminder that nothing lasts forever.  I hope they will do well, recover, and live prosperous lives, or at the very least, the lives they want to live.

I had dinner with another friend the previous night, and he sells real estate.  Rather he is trying to sell real estate.  He has been in the business for years.  200,000+ dollar properties going for 35,000 – 50,000 dollars. Huh????  The people buying them, are not home owners, they are investors buying rental properties… The ROI on these homes is roughly five years for the person renting it to his tenant.  The upside is that those that lose their homes can rent and have a roof over their heads as long as there is money coming in.

Sigh.  All we can do is stay positive, be more self aware, and try to do the best for ourselves… I wonder how many other stories I am going to hear from friends due to the economic downturn… My number is growing more rapidly than I had expected…

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We’re a group of suburban preppers in the Northeast and live in the NYC suburbs that write The Suburban Survival Blog to talk about preparedness and self-reliance out there to help others prepare for what could be an uncertain future due to economic, weather, and other reasons.