"History is a wonderful thing, if only it was true"

Sunday, April 10, 2011


Planning on making a killing with all your "stuff" on e-Bay?
Think again - simple supply & demand
Supply is high and growing - means crash in prices.

Downsizing Boomers Looking to Sell Their Stuff - SmartMoney.com:
"With some 8,000 Americans turning 65 every day, on average, and the senior population expected to double by 2050, millions are facing a massive, multifaceted purge that's turning out to be much tougher than they thought it would be. And millions more find themselves in similar quandaries as they deal with the truckloads they've inherited from packrat relatives. Indeed, whether they're leaving an heirloom china set at the local consignment store or packing a stately grandfather clock off to Sotheby's, many are discovering that the resale market is glutted with household goods. And oriental rugs are only the beginning. Got a home full of middle-market, traditional-style furniture to sell? Dealers say that stuff's plunged 50 to 75 percent in value."

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