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Some are selling heirlooms to meet food, fuel prices

 
John A. Williams | Published: May 6, 2008    Comment on this article Leave a comment

I was shocked the other day when I came across an Associated Press story about some Americans selling valuable belongings and even family heirlooms to meet higher food and fuel prices.

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Last week Edmond received recognition from CNNMoney.com as one of the nation's cities with the best mix of business advantages and lifestyle appeal. According to the ranking, the only knock against Edmond was that downtown lacks residential housing. Do you think residential housing is important for downtown? Do you see housing being built in the downtown area in the future? Join the discussion by sending your comments to jwilliams@oklahoman.com or go to the Edmond blog at blog.newsok.com/mile103 and leave your opinion.

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At Craigslist.com, which is sort of an online flea market, the number of for-sale listings has soared 70 percent since July. In March, the number of listings more than doubled to almost 15 million from the same time a year ago.

Craigslist Chief Executive Officer Jeff Buckmaster is quoted in the story as saying the rate of growth is "moving above the usual trend line.” He said he was amazed at the desperate tone in some ads.

Laurie Olsen of Edmond said she's "always willing to sell off some items” but doesn't feel it to be necessary.

"It would be like killing two birds with one stone.

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