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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Micawber who wrote (304143)2/10/2011 4:09:32 PM
From: John Vosilla of 306849
 
From what I hear Philadelphia's good areas did not drop that much yet except maybe the fast growing far out new burbs or ghettos? The numbers down here right now in many areas make more sense to do structured long term buy and hold with leverage than at any time I have ever seen. In many cases property near early 1990's prices yet rent is now much higher and interest rates are much lower. You could probably say the same for a large percentage of the country these days. You are in one of those areas that is the exception. Just one of the many reasons the stock market has been booming IMHO..
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