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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: MSI who wrote (2735)6/14/2002 9:48:40 AM
From: TradeliteRead Replies (2) | Respond to of 306849
 
MSI, anyone who borrows a huge sum to buy a $2 million home but is living on a salary or income that could decline significantly in an economic downturn is a really brave person. That's a price area where paying all-cash would have been the better and safer financing tool, no?

Good luck with your accumulation of real estate. Sounds good. Pretty soon, you'll become a mogul--and one of those fat-cat rich landlords I love to hate. <<gg>>


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