Monday, January 27, 2014

Stay cold and stay wet


Stay cold and stay wet

From here in the south
I follow the charts
Not stocks or investments
But weather in parts

I chuckle with glee
At the ice and the snow
As the people will think
They have nowhere to go

But they do, they have choices
The options are clear
Come down where it’s warm
Most times of the year.

But wait they will say
The timing has past
The prices are rising
The bargains won’t last

So they wait and they shovel
As the snow piles high
So close it near touches
The gray clouds in the sky

The excuses then mount
Little land left to build
The traffic is terrible
And the food is no good.

The same excuses were used
In recessions of past
The condo crash in the 70s
Overbuilt housing this last

But they miss one small point
Some things never change
Southern migration did slow
But will rebound just the same

As Florida is poised
To become the third state most populous
It replaces New York
That old staid metropolis

Where housing is expensive
And taxes are high
They will soon come to realize
As their days pass them by

That the bargains remain
You get more for your money
When you trade in up north
For the lands warm and sunny

And soon all will forget
The sales bust and the scare
As they swap out their rain boots
For shorts and swim wear

The masses will follow
As they read tweets from their friends
I haven’t shoveled snow in a year
I don’t even pretend

Sales and prices will rise
But no one will care
The market will dictate
What is just and is fair

So stay cold and stay wet
Watch the snow in the light
The next boom is coming
Soon all will be right.

Until next time…

Keep kicking the dirt!

Jeff Gersh is President of Gersh Consulting Services, a real estate advisory firm, headquartered in Orlando, FL.  He may be reached at jsgersh@gmail.com or 407-468-9328

 

 

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