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Non-Tech : Investing in Real Estate - Creative Opportunities
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To: John Vosilla who wrote (978)9/15/2012 6:30:44 PM
From: Keith Feral  Read Replies (1) of 2722
 
Much cheaper to buy than rent these days, but 20% downpayment is still keeping a lid on housing inflation. That's how it should be. If you can't afford a downpayment, no reason to buy.

Eventually, low rates on credit cards, car loans, and home loans will be extraordinarily positive for the consumer. Every inflation cracker in the world is still trying to sow the fears of inflation. I just see a much more balanced playing field for the consumer, with the exception of gasoline prices. However, the inflated cost of oil is being more than offset by lower monthly payments for cars and homes. Those are my 2 favorite growth plays right now.
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