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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 375.93

-1.8%

Nov 14 4:00 PM EST

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To: elmatador who wrote (73536)	4/25/2011 10:18:56 PM
From: Maurice Winn	1 Recommendation Read Replies (1) of 217774

Property in California is starting to look attractive to me. It would be nice to see it go down a bit more though, as interest rates rise and the reality of the colossal debts and deficits continues to gain in consciousness. In 2005 and 2006 when I had a look around southern California, property prices were about double what seemed reasonable. 6 years later, prices are apparently back down to somewhere more reasonable. But residency is an issue. Apparently Americans would rather have hordes of bludging illegal immigrants than a few self-paying Kiwis who wouldn't even block the roads in rush hour living there for a few months a year during southern winters. Mqurice

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