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 : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 399.29+0.9%Dec 17 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cogito Ergo Sum who wrote (88990)4/11/2012 12:52:15 PM
From: Hawkmoon1 Recommendation  Read Replies (1) of 218546
 
I think the major problem we're going to face is increasing prices for commodities is outpacing the ability of the majority of people to afford them.

I believe the same will be discovered with the housing crisis. Houses may sell, but I'm not sure they will sell for much higher prices than we see now. People are just tapped out in the US and unemployment and service sector wages are not going to finance higher valuations very easily.

We've been involved in a few remodelings and are investigating some more opportunities. But unless material prices decline, the risk is not being able to sell for more than maybe 10% profit. Still better than the less than 1% that could be made in a CD, but with a lot more risk.. Of course, any home we remodel, we analyzed the return if we decide to rent it instead.

Hawk
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News