Archive for June, 2014

The Rich Are Getting Richer

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I think the rich are getting richer, middle class is getting left behind and the poor can’t find a way (or don’t care) to improve the life style!  Think of this; the rich can borrow money at very low rates to purchase distressed properties and or improve their current assets and when (and it will) the economy improves to more traditional levels, their net worth will increase 10 fold!  You watch how many millionairs and billionairs will surface in the next 5 years!  All the while, middle class was hit extremely hard by the “Great Recession”!  They don’t have the ablility because of their personal cirumstances to borrow money…at almost any rate…to finance and or develop an estate for their family.  They are forced to set on the sidelines watching others taking advantage of the downturn without the ability to change or alter their destiny!