Sold our house in Florida just as the bubble was starting to lose air.
Now we are renting and waiting to scarf up some bargains. I consider myself a winner in this.
Great for you on that, but you are a renter now, and hoping someone goes bankrupt so you can pick up their house cheap. That is not a winner in my book.
Kudos! Be wary and careful, but go for it!! And, don your asbestos underwear, LOL!
Let me guess, you're the only one that has this plan?
Let me tell you, there are a whole lot of people out there with the same plan, waiting watching for what they think will be the leveling out of prices.
When sidelined investors, and millions of others just like you start to jump, guess what happens? Prices go right back up. LOL!
Meanwhile, you pay rent on someone else's investment.