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

GLD 374.33

+0.7%

Nov 18 4:00 PM EST

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To: carranza2 who wrote (73554)	4/26/2011 9:57:58 AM
From: Haim R. Branisteanu	Read Replies (1) of 217860

After several years that I properly predicted the fall of the US Residential RE more precisely during second half of December 2004 within 2 years, (some old hands on SI will remember) I am responding to many inquiries related to the subject. My recommendation is that the time has come to evaluate and selectively buy Residential RE in the major cities with a transferable long term mortgage (15 years at least), and enable a clause for a “wrap around mortgage” by the new buyer within 5 years. Reasons – (i) mortgage rates are still low, (ii) Rental rates are inching higher (iii) RE prices are still around the 2009 bottom (iv) I anticipate a creeping inflation which will force the FED hand in rising interest rates by 2012 Exit strategy will be mainly a gain on the mortgage and also the RE property even a modest one. Rents will cover maintenance and mortgage interest. In any case I would hedge against currency fluctuation depending on the taxable currency. Best of Luck, Haim

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