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

To: Jim McMannis who wrote (25506)	11/30/2004 11:41:16 AM
From: Tradelite	Respond to of 306849

Yeah, and when I think about how much money I'd be out today if I'd rented instead of buying, it makes me afraid for all those folks who continue to believe that they are right, the real estate market is wrong, that all real estate is overpriced, that scarcity of real estate in certain localities is a myth, that it's financially investment-savvy in metro areas to pay thousands per month in rent for the rest of one's life, and that all real estate is going to decline by 20/50/100 percent tomorrow. Some people have posted on this thread in the past several years that they just KNOW real estate will "soon" drop by _______ (pick a percentage and fill in the blank). Spoken like a true Realtor.......but more as a person concerned about personal living conditions and how much I'm willing to invest in my own situation, rather than that of a landlord who cares not about me or mine. By the way, do you rent your home?