SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Vosilla who wrote (47722)1/25/2006 2:34:23 PM
From: GraceZRead Replies (2) of 306849
 
It is last in first out in RE. It is the marginal lagging areas which suffer first because nobody wanted to live there in the first place. They moved there because they couldn't afford to live where they really wanted to live. It's like a stock rally moving out to the trash after the good names have been run up. It's the trash that gets hit the worst because you never had a good reason to be there in the first place.

The problem with RE is that when it's time to GET OUT completely, you can't. The tax consequences lock people in, that and the lack of liquidity. At least with a stock, someone has to buy it if I decide I want to get out.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext