Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: dragnet2

A few years ago I remember a conversation I had with an buyer. I told him back in 1990 he could have purchased that real estate investment for 30 cents on the dollar of current prices. He laugh so hard and said... No Way it would never happen again. I responded “Maybe not in my lifetime but probably yours”. People quickly forget history.


41 posted on 08/20/2008 8:25:56 PM PDT by Orange1998
[ Post Reply | Private Reply | To 36 | View Replies ]


To: Orange1998
As time marches on, and more and more people flood in...and they will and are, I predict desirable areas that have lots of jobs, with year round great weather, (very scarce) will continue to increase in value...Resembling a staircase...Some flat spots, but gradually going up.

I can't imagine 50 million more in the U.S. in the next decade or two will be like but that's what's going to happen. If you have RE you can sit on for a few years...I would opt to do just that.

All bets are off for areas with few jobs, and lousy weather where heating and cooling costs become brutal.

43 posted on 08/20/2008 8:44:42 PM PDT by dragnet2
[ Post Reply | Private Reply | To 41 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson