JONATHAN MILLER DOES IT AGAIN!

Jonathan Miller's blog the Matrix is the best! Why? Because he most consistently brings to the fore information about the real estate market that is so important for everyone to be aware of and that info is usually buried somewhere that we normally wouldn't find it. I must admit working hard in the trenches this past week trying to attract buyers to take a personal look at properties or trying to get owner's to pay attention to my buyers' offers that I didn't really keep up and read him every day as I should. Again, mantra - read Matrix along with the first coffee of the day - before anything else. And here goes friends - "From the Tank: Tools, Lessons and Messages" posted by Miller, Friday, October 27th: he brings to our attention the article appearing in the "The Big Picture" blog on the economy, an article about Treasury Secretary Paulson not understanding the wealth effect, and then on to Bloomberg News about Paulson selling his Manhattan condo for almost $8 million (he paid $2.88 million for it). Please jump here and read Miller's post - excuse me, who doesn't understand the wealth effect?