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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (38171)8/9/2005 11:54:52 AM
From: mishedlo  Read Replies (1) of 110194
 
My advise attempt to cash out and then rent. I no longer own any real estate, and rather enjoy the freedom of renting. I'm moving at the end of the month to a new place, that tickles my fancy a bit more, and just for the change. In most good West Coast locations you ought to be able to rent 500-750k places for $1500-2000 a month, and "investors" will love you. I just don't understand why anyone would even bother with anything else.

I would concur with that advice in any hugely bubble area.
Rentals of really nice homes in the Midwest would be much harder to find, at least around here and the bubbleness (except in or very near major cities) is not as great.

Mish
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