To: undeniable logic
" True, but most investors in the stock market aren't leveraged 10:1 or 20:1 like in real estate."
Most of these people road the prices up over the last few years. Just as with stocks, it's the speculators who get hurt the most.
If you bought the real-estate at the peak expecting to turn it over fast and not live there for the five year average, you would loose money.
For most, if your not going to cash out it's just a paper loss and you will recover.
77 posted on
11/21/2006 5:05:34 AM PST by
babygene
To: babygene
BINGO!
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