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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lazarus_Long who wrote (40841)9/7/2005 9:41:32 AM
From: Peter DierksRead Replies (2) of 306849
 
"Look around at your home town. If there are a large percentage of homes being bought as "investment" property which could not be rented out on a positive cash flow basis, you are probably in a bubble. You should carefully weigh your options."
John Mauldin

I stated to many people a year ago that I would like to invest in Real Estate, but that I needed to wait until prices fell by 40%. Today that is more like 50%. Know anyone with mortgages that would be in default if that happened? What are you going to say to them before it happens? And after?

For now, I will stay in the stock market, but I am watching real estate very closely.
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