A " ulTh Lanfl Syne"
GAMBINO REALTORS HOM E GU I DE
Happy New Year!
It won’t be long and we will once again be singing Auld Lang Syne at midnight. The meaning of the phrase “Auld Lang Syne” is unfamiliar to us English-speaking Americans because it’s actually an 18th century Scots term. The literal translation is “old long since” but its meaning is more like “old times” or “olden days”. As I get older, I sometimes wish things were like the old days when life was simple and carefree. On the other hand, I do recall that in the late 70’s our nation suffered an oil crisis which led to long lines at gas stations everywhere, and many simply ran out. The oil crisis was a contributor to high inflation and high interest rates. In 1982, Rockford had the dubious distinction of having the highest unemployment rate in the country at 24%. When I started in real estate in 1985, interest rates were around 15%.
VOLUME TWO ISSUE TWELVE | 2021 Publisher: Gambino Realtors Editor: Kathy Heeren-Ellis Design: Sarah E. Diamond Photo Editing: Derek Stone
In every generation there have been highlights and challenges. What the future holds is always uncertain, but someday, perhaps, the next generation will look back fondly to these days with the phrase Auld Lang Syne.
The Gambino Home Guide is a presentation of properties for sale in the Northern Illinois region. Since 1923, Gambino Realtors has navigated buyers and sellers through real estate transactions.
I don’t know about you, but I’ve never learned all the lyrics to Auld Lang Syne, so here is the first verse and chorus. We wish you a healthy and prosperous New Year!
www.GoGambino.com
Suddenly, the “good old days” don’t look so good. In comparison, today we have record low mortgage interest rates and home values are climbing at a strong pace. Employers everywhere are desperate for employees, and even though gas prices have climbed recently, there is an abundant supply.
Auld Lang Syne
3815 N. Mulford Road Rockford, IL 61114 815.282.2222
Should auld acquaintance be forgot, And never brought to mind? Should auld acquaintance be forgot, And days o’ lang syne!
5330 Williams Drive Roscoe, IL 61073 815.623.3333
Chorus For auld lang syne, my dear For auld lang syne, We’ll tak a cup o’ kindness yet For auld lang syne!
Jonathan R. Krause President Gambino Realtors www.GoGambino.com | 3
