With 1 million people being layed off in November alone (per Brit Hume Fox News today) you can bet they ARE about to explode!!!
Big Mack,.. from what I'm reading, your right on!! Even though it has drawbacks (only in the *work* and *stress* of doing it) owning real estate is the way to financial independence. "IF" you buy when its truly a bargain!!!
You've given a lot of good advice on this thread. Thanks!!
Your right, thats the key, you make your money when you buy it right, not when you sell it. And never be in a hurry to sell,set your price and act like you don't care if you sell it or not, someone will come along and pay what you want, remember the old car salesman saying "theres an @ss for ever seat" :) I ask for a discount on everything I buy, and get it most of the time, I went to redwing boot store one time and found a pair I liked at $135 and told the guy, thats way too high and your goina have to do better than that, he went to his price list and said would $85 be ok, sure I said not having the heart to ask for more because he rolled over so easy :) I look for and get discounts even at wal mart if you only ask you will be floored on how easy it is. Only in america will we go to the mall and pay full bore retail and put it on a 22% credit card.
You've given a lot of good advice on this thread. Thanks!!
Sounds like your on the right track too!
BigMack