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有财富未必有人生,有人生未必无财富。
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抢房时刻, 别忘了Pareto's Principle - The 80-20 Rule

(2010-02-25 22:23:01) 下一个

in the late 1800s, an Italian economist named Vilfredo Pareto theorized that in most countries about 80% of the wealth and power was controlled by about 20% of the people. He calle this a "predictable imbalance,", which eventually became known as the 80:20 rule.

 http://management.about.com/cs/generalmanagement/a/Pareto081202.htm


There is more demand in good location from RE investment standpoint. But this demand is slashed by affordability, i.e. PRICE. That's why pple prefer REOs today. and million $ houses have been sitting on mkt for a long time.

富人毕竟少啊! 可负担房屋,好买好卖, Bear in mind one has to do business w/ majority of people (80-90%) who are the poor. Size does matter.

 
The 80-20 Rule also tells us  only 20% of people’s work contributes to 80% of GDP.

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