Category Archives: Recession

A Marked or Notable Degree of Hotness (Quick Thoughts)

It’s here again.

That time of year when it’s 106° in the shade (while sipping on a granizado with a cool water-soaked towel draped around your neck, of course). That time of year when stepping outside feels like you just stepped inside the Volcanic Rock Sauna at Neo Vertika (what a crock of sh*t that was). That time of year when you can look any female straight in the eye and unabashedly ask: “Damn mama, you having a bad hair day?”.

The hottest summer in a hundred years?

So hot it won’t bother getting up in 2008.

“Is this some kind of bulletin? Last I checked, Miami was still 1,814 miles north of the equator. It is hotter than dog sh*t in a skillet today and it’ll be hotter than all the weave I saw at South Beach last night tomorrow. As a matter of fact, it’s been hot every summer since the first Tequesta set foot on this piece of swamp”.

I usually don’t mind the heat. I really don’t. It’s not like I mind showing property on a Friday afternoon when it’s 92°, the humidity is 80% and the most prominent feature in our solar system is baking me like some Nestle Toll House chocolate chip cookie . It’s not like I mind exiting my car and sporting a damp long-sleeve button-down stuck to the middle of my back either.

What I do mind is that local media headlines lately read more like “Man Shot for Material Goods On Way Home to Family After a Hard Day’s Night at Work” and less “Man Helps Blind Lady Cross Street While Carrying Groceries With Teeth”.

HEaT + Low Currency in Circulation = Increased Crime Rate?

Anybody out there know if we got some local criminologists treating these as “mutually inclusive”? I can’t make any conclusions without empirical data. Sorry.

It’s gonna be an interesting summer. Will IT be televised?

Adrian Salgado is a Realtor Associate with RED I Realty in Miami, FL and can be reached at 305-491-7179 or SalgadoA@gmail.com.

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The “R” Word

Sticks and stones may break my bones, but words will never hurt me.

If that still holds true, then why are so many people scared straight of the “R” word? I mean, it’s just an economic term, dude. No need to reach for the chewable tablets of Pepto-Bismol every time I mention it.

Repeat after me: “Recession, recession, recession”. Say it again now: “Recession, recession, recession”. Don’t hide from it. Embrace it. Use it as a term of endearment. If your mom tells you que “eso no se dice”, demand her to stop at mid-sentence. Tell her not to lie to you anymore. It’s bad enough that everyone else did. And we believed them.

You know what else? The same people that lied to us before continue to lie to us today. Do they expect us to believe them this time around?

Mortgage bailout? Another classic example of a Washington dog-n-pony show fueled by photo-ops meant to soothe the souls of the average American’s fears. Are we that naive to fall for the cosmetic PR when our country’s long-term needs are being compromised to cover up for Wall Street’s greed?

Must they continue to drag out this recession? Must they continue to destroy the credibility of the almighty dollar? This economic downturn is inevitable. Intervening, no matter how well-intentioned, only leads to increased injustice.

More than 95% of homeowners in the U.S. of A. are making payments on time. That’s 9.5 out of 10. I am one of them. What is my incentive for behaving honestly? Why should a responsible homeowner have to compete against a short seller receiving bailout benefits?

Why is the good guy being penalized, mom? Sh*t! First Santa Claus. Now this? Next you’re gonna tell me that there was a lunar eclipse last night. Es lo unico que falta.

It’s time to stop complaining about the recession, boys and girls. The “R” word is necessary. Well, maybe not absolutely necessary, but it’s not such a bad thing. It was only a matter of time before your neighbor, the substitute teacher at Lincoln Marti “que se saco el bombo y llego hace dos años”, got burned flipping 27 properties in a little bit over a year.

I’m not sad to see her go. It’s just Recession doing his thing. Sink or swim. Time to separate the men from the boys, the real from the fake.

In economics, recession is defined as a decline in a country’s gross domestic product (GDP), or negative real economic growth, for two or more successive quarters of a year. At street level, recession is simply a positive way to weed out the inefficiencies caused by the excesses of a bull market. It’s a way to get Realtors to insert the purchase price where the purchase price goes, instead of having an initial deposit that’s equal to the purchase price and a purchase price that’s equal to the initial deposit on a contract. It’s a way to get a buyer’s agent to follow up on his/her buyer’s contingencies without having to harass him/her via cell phone, office phone, email, text message, telegram, etc. It’s a way to get people to respect your time and show up to an appointment at the time that was agreed upon. It’s a way to generate business when everyone else is complaining about market conditions and you’re busy busting your arse.

Which leads me to you. Yes you. I don’t want to hear your sob story. Stop waiting for the very people who created this debacle to come save you. Stop being so miserable and pessimistic about everything. You hate that dead-end job? Quit! Go do something that you love and work hard at it. Maybe then you can make money while doing something you enjoy. What a concept.

Stop fighting this recession and ride the wave. At the very least, you’re guaranteed to become a much better surfer.

Adrian Salgado is a Realtor Associate with RED I Realty in Miami, FL and can be reached at 305.491.7179 or SalgadoA@gmail.com

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