To: Oatka
I’m talking about someone who has some expendable cash. Not those who are working class folks who pay a mortgage.
If you are relatively well off, have a hundred thousand or two sitting around, you can get some premium vacation property and let the deductible sit in the bank.
6 posted on
01/03/2010 11:27:21 AM PST by
autumnraine
(You can't fix stupid, but you can vote it out!)
To: autumnraine
I’m talking about someone who has some expendable cash. Not those who are working class folks who pay a mortgage.
-snip-
If you are relatively well off, have a hundred thousand or two sitting around, you can get some premium vacation property and let the deductible sit in the bank.Yeah, I understand, but I think going in now is foolish in light of the impending Alt-A resets, et al, which IMO, will drive values even lower.
9 posted on
01/03/2010 4:22:27 PM PST by
Oatka
("A society of sheep must in time beget a government of wolves." –Bertrand de Jouvenel)
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