Quote:
Originally Posted by Russ_Boston
72 (if accurate) represents = 2/10 of 1% of all TV homes (I'm estimating around 35K homes currently, it's probably closer to 40K). That's not bad based on FLA real estate figures.
One thing I've learned in life - never say 'not again in my lifetime' when it comes to economics. Everything, and I mean everything, is cyclical in some manner. It's form may change but everything repeats in self in some fashion.
|
Russ, you are so right about the unpredicability of economic issues. I remember in 1983 when I was marketing annuities, we had to show the guaranteed interest of 4% and an intermediate rate (usually 8%) on projections - the current rate at the time was 11-12%. I had customers laugh when I pointed out the intermediate rate of growth, saying "we"ll never see single digit interest rates again in my lifetime". In the late 90s I heard many people, including so-called experts, who were confident that the market would grow by at least 12-15% per year on average for the forseeable future! I remember someone at a conference several years ago stated that "economists have successfully predicted 20 out of the last 2 recessions". Things that are totally unforseen will continue to happen if you live long enough.