Tuesday, July 28, 2009

Now is the Time to Seize the Day

Due to the world’s current economic climate, never has there been such a once in a lifetime, unprecedented opportunity for the motivated individual to make a lifestyle change.

Do you feel stuck in your current location? Are you living in too small a house, too crowded an area, too poor, or too familiar? Now is the time to capitalize on your dreams. With the world’s economic climate on its knees, never has there been a better time to move forward and capitalize on the deep discounts that developed. Breathtaking real estate locations such as Colorado, New York, Miami, Las Vegas and San Francisco have finally come down in price. Exclusive country clubs that never opened their doors to the public before have not only recently done so, but they’ve drastically lowered their membership costs to boot. This is the time to change whatever you want in life. A larger home for your family. A house near the beach. A membership to the golf club you always wanted. That investment you always coveted. A once in a lifetime window that will close just as quickly as it opened.

Within an economic downturn it’s inevitable that a self-fulfilling prophecy will emerge as negative numbers foster negative attitudes and thinking. But with crisis comes opportunity and in today’s real estate market, “this is an unprecedented time for the driven, aggressive and ambitious person in life to realize their real estate dreams,” states John Aylsworth, Chairman of the Board of Jet Luxury Resorts. “Now, more than ever, is the time to greatly upscale your lifestyle-- Relocate. Upgrade. Travel.”

Experts agree, this is the deepest depression this country has ever seen. Historically, individuals used to be on a first name basis with their bankers. If they needed a loan, they went to the banker and got it. Then, the Seventies came and interest rates went through the roof. That’s when the concept of leverage came into play. Everyone seemed to jump on the leverage bandwagon. Take the first note, slice it and dice it and put it all into a soup for later. This occurred for years and years and occurred worldwide. Now, the leverage machine has caught up with us and all of this debt has to come out. It’s as if the debt were being filled into a constantly filling balloon, with only one tiny 2 inch diameter drain at the bottom. All of that debt has to come out, but even with all of us pushing and squeezing and praying and dreaming, only so much can be pushed through that tiny hole. Meanwhile, the debt keeps inflating the balloon at the top and the balloon stretches and stretches…

The last great recession was in 1983, especially in California when interest rates crested 18% and unemployment was over 10%. What happened then and what’s happening now is not only a deep recession and cutback of spending, but a consumer perception of the recession. And that recession perception is just as important, if not more, for creating the discounts that exist today. It’s the motivated individualist – the one that can separate himself from the crowd, a calculated and informed risk taker, that will capitalize on the current situation. This person will not only make huge financial and investment gains for himself in the long run, but will also contribute to shattering the recession perception and moving the country, and the world, forward.

Jet Luxury Resorts, the premiere national Condo Hotel Resort Management Company, has reflected such positive and forward thinking in its business model- and the results are paying off. The upstart company offers an unprecedented opportunity in the hospitality industry by offering high end, luxurious rental product to consumers while shoring up condo hotel and fractional owners’ monthly rental revenue. ”This is a great environment for Jet Luxury in that, we’re not a developer, we’re not putting millions into dirt. We’re a virtual property that has limitless opportunity. With the global meltdown of the economic market, luxury items that were once inaccessible are now readily available and Jet Luxury Resorts capitalizes on this situation by bringing rare, ultra affluent product to the general marketplace.” The resort management company recently added six new properties to their roster, including the St. Regis Aspen, the St. Regis New York and the Buena Vista Villas in Tulemar Beach, Costa Rica.

Mr. Aylsworth adds, “Jet Luxury is looking for the movers and shakers of the world. Our company reflects such thinking- to capitalize on the downturn to not only move forward, but to upgrade themselves for the rest of their life. In real estate, whether it’s transient or permanent, now, more than ever, is the time to seize the day.”

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