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Non-Tech : Investing in Real Estate - Creative Opportunities
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To: John Vosilla who wrote (1163)1/2/2013 6:54:26 PM
From: tejek  Read Replies (1) of 2722
 
A bubble may form only if this construction boom lasts more than 5 years.


You are probably right especially if low down easy qualify loans bring in a large pool of unqualified buyers in the later stages. Probably the other wild card in the very high priced areas would be a big increase in interest rates..

I really do hope the banks have learned their lesson re those crappy loans they were putting out under Bush.
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