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	<title>Comments on: Recession to hit the likes of me hardest &#8211; but where can our lessons be taught?</title>
	<atom:link href="http://www.edwalker.net/blog/2008/10/21/recession-to-hit-the-likes-of-me-hardest-but-where-can-our-lessons-be-taught/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.edwalker.net/blog/2008/10/21/recession-to-hit-the-likes-of-me-hardest-but-where-can-our-lessons-be-taught/</link>
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		<title>By: Ed Walker</title>
		<link>http://www.edwalker.net/blog/2008/10/21/recession-to-hit-the-likes-of-me-hardest-but-where-can-our-lessons-be-taught/comment-page-1/#comment-27</link>
		<dc:creator>Ed Walker</dc:creator>
		<pubDate>Wed, 22 Oct 2008 15:42:15 +0000</pubDate>
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		<description>Steve, you make some valid points as well. I agree, people do need to sit tight but at the same time - if people were buying houses for three times their value, how do they know what the value of the house is? No one tells you at school/college the steps involved in buying a house, the research you can do yourself etc. You&#039;re just thrown out there and expected to know it!</description>
		<content:encoded><![CDATA[<p>Steve, you make some valid points as well. I agree, people do need to sit tight but at the same time &#8211; if people were buying houses for three times their value, how do they know what the value of the house is? No one tells you at school/college the steps involved in buying a house, the research you can do yourself etc. You&#8217;re just thrown out there and expected to know it!</p>
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		<title>By: Stephen Nelmes</title>
		<link>http://www.edwalker.net/blog/2008/10/21/recession-to-hit-the-likes-of-me-hardest-but-where-can-our-lessons-be-taught/comment-page-1/#comment-26</link>
		<dc:creator>Stephen Nelmes</dc:creator>
		<pubDate>Tue, 21 Oct 2008 22:23:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.edwalker.net/blog/?p=103#comment-26</guid>
		<description>You have some valid points Ed, but ultimately people have to learn the hard way.

The main problem is not having the latest communication tools used at their disposal, nor is it not being taught this. How did other generations cope? Easy they learned the hard way and I frankly think we should too. 

Its the fact that we have become a &#039;throwaway society&#039;, turn our noses up at reusable materials and utlimately waste things and money. 

I think there are no lessons for this because its hard to judge what will happen. People can&#039;t have everything on a plate. Lets work for it.

Sorry Ed, but I disagree.

Recessions are inevitable after boom times and this is thanks to estate agents selling houses at ridiculous prices, amongst other elements to the economy that are so vast its impossible to list them all. If land and houses were fixed in price, people wouldn&#039;t be so greedy and estate agents (scum-bags) wouldn&#039;t be charging something that is often treble its worth.

Its hard to summise this in a few paragraphs but ultimately, people need to sit tight, stay at home for a few years. It may suck but there is no point in getting involved in the market when it could sink further.</description>
		<content:encoded><![CDATA[<p>You have some valid points Ed, but ultimately people have to learn the hard way.</p>
<p>The main problem is not having the latest communication tools used at their disposal, nor is it not being taught this. How did other generations cope? Easy they learned the hard way and I frankly think we should too. </p>
<p>Its the fact that we have become a &#8216;throwaway society&#8217;, turn our noses up at reusable materials and utlimately waste things and money. </p>
<p>I think there are no lessons for this because its hard to judge what will happen. People can&#8217;t have everything on a plate. Lets work for it.</p>
<p>Sorry Ed, but I disagree.</p>
<p>Recessions are inevitable after boom times and this is thanks to estate agents selling houses at ridiculous prices, amongst other elements to the economy that are so vast its impossible to list them all. If land and houses were fixed in price, people wouldn&#8217;t be so greedy and estate agents (scum-bags) wouldn&#8217;t be charging something that is often treble its worth.</p>
<p>Its hard to summise this in a few paragraphs but ultimately, people need to sit tight, stay at home for a few years. It may suck but there is no point in getting involved in the market when it could sink further.</p>
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