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To: j g cordes who wrote (189533)8/27/2002 11:24:32 AM
From: reaper  Respond to of 436258
 
<<housing bubbles just aren't something most people can trade in and out of like stocks. >>

which is a big part of why housing bubbles come to be in the first place....

Cheers



To: j g cordes who wrote (189533)8/27/2002 1:44:30 PM
From: NOW  Read Replies (1) | Respond to of 436258
 
Your words:
"if you have a house and you think we're in a housing bubble and you might lose 70 thousand to a 150 thousand over the next year.. where do you live if you sell now? Sell a stock you've got cash, sell a home you've got a parking lot."
Nope, sell a home you have cash. Besides, where did you get the 70 thousand figure?
What if it was 350K instead? Are you more intersted in renting or it still doesnt matter?


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