big bell

Published: March 8, 2006 at 2:17 AM

First congratulations on actually paying off your student loan....quite rare these days. Interesting and insightful piece, but you made a crucial error in the 2nd to last paragraph (probably a typo?)....you should have said a decrease in the number of available "buyers" (not sellers) will result in forcing home prices down. An increase in sellers contributes to a market "glut" thereby making it a "buyers" market which forces prices to decline. This is what is happening right now with mainly speculators, investors and builders flooding the market and offering incentives and concessions to intice buyers, thus either slowing the rising values, stabilizing values or lowering market values depending on the area. The expected "foreclosure boom" hasn't started yet...maybe next year. Thats when the entire economy will really feel the effect.
Pete Brecht

Published: March 8, 2006 at 9:16 AM

I can see why the "destination" parks like Disney and Universal would be worried about a recession, but I would think that the regional parks would be a bit more insulated. With season pass pricing the way it is, going to a regional park on a regular basis is actually a very economical form of entertainment.

It's the cost of transportation and lodging for the Florida and California parks (along with Disney's very pricey entry tickets) that can make a theme park vacation a real luxury.

Robert OGrosky

Published: March 8, 2006 at 12:27 PM

Congrats on paying off your school loans!!
Robert Niles
Editor

Published: March 8, 2006 at 2:14 PM

Thanks for the catch, B.B. (Darn Ctrl-X,Ctrl-V while writing!) It's fixed now.