Stock Market Crash Essay

During the stock market crash in the beginning of the mid millennium, there was a pattern set through all the years of its existence. This pattern was assumed stable and irrevocable. As a matter of fact this pattern was considered foundational. However, there is nothing wrong with believing in a pattern as long as one is prepared for the worst. The expectation of everyone involved proved to be misleading, and unfortunately all who followed along the trail were effected by this misfortune. Believing the stock would never crash, and also believing that fast money without merit would increase pocketbooks was the mistake.

The whole idea of real estate is to own a house, make some improvements if necessary, then sell the house for more than what

The profit will not be as much without some improvements or changes, but it is possible. Stock brokers are not real estate agents or owners, they are stock brokers. When brokers saw the possibility, the real estate investors moved somewhat blindly.

The availability of money seemed unending, plus the interest rates were assumed affordable. Initially I believe that not everyone jumped in early. I believe this was more of a word of mouth situation that escalated rapidly. Brokers on the exchange use word of mouth as a tool to keep employment. Once investors learned of the availability of the loan wave that enticed buyers, it was no longer supply and demand but uneven give and take. Once someone is approved for a loan to buy a house, the expectation is high. Tell who would not want a new house, especially if it was assumed affordable. Investors watched many people getting approved for

So who is not going to get in on the action? There is no such thing as free money. Everyone down the list had to pay, not only those on the list of real estate but all Americans for that fact. Everyone needs a house, or roof for that matter. Only cars are not as important to the stock exchange as real estate