Changes

The moral of this story:  learn to look beyond your own situation when making buying and selling decisions.  You may think a particular house is the best thing in the world, but if the market values that house less than you do, then you'll lose money if you buy it based on your personal preferences rather than market demand.

The moral of this story:  learn to look beyond your own situation when making buying and selling decisions.  You may think a particular house is the best thing in the world, but if the market values that house less than you do, then you'll lose money if you buy it based on your personal preferences rather than market demand.

'''''Postscript''''':  Sam Bowie himself displayed a selfless and free market attitude about this.  "If I had known that Michael was going to become the greatest player of all-time, I'd have chosen Michael over myself, too. That's hindsight. ...  I have a wife of 21 years and children ages 17, 11 and 8 ..., and to say that every day's a holiday is an understatement."<ref>http://sports.espn.go.com/nba/columns/story?columnist=stein_marc&id=3019727</ref>  Meanwhile, Michael Jordan has had marital problems caused by his stardom, and he was unsuccessful himself after he switched teams late in his career.

'''''Postscript''''':  Sam Bowie himself displays a free market attitude without regrets.  "If I had known that Michael was going to become the greatest player of all-time, I'd have chosen Michael over myself, too. That's hindsight. ...  I have a wife of 21 years and children ages 17, 11 and 8 ..., and to say that every day's a holiday is an understatement."<ref>http://sports.espn.go.com/nba/columns/story?columnist=stein_marc&id=3019727</ref>  Meanwhile, Michael Jordan has had problems caused by his stardom, and he was unsuccessful himself after he switched teams late in his career.

== The Income and Substitution Effects==

== The Income and Substitution Effects==