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

To: John Vosilla who wrote (25775)	12/9/2004 7:49:49 PM
From: David Jones	Read Replies (1) \| Respond to of 306849

>>>>>There is a great way to make money in real estate today by investing in pre construction...<<<< Here in lies a peeve I've had with the news industry and many posts. It's an election year and for what I see the rhetoric is flying around confusing most all investment issues. One can promote the BS by answering the above quote with "it would be even more dismal if the Dems were in control". Neither helps me understand what is actually happening with real estate or a prudent plan going forward for investment. Fact is as soon as I see such as the above I tune out the writer. This holds true weather it be a thread or article in a credited publication. I cant trust that the writer doesn't hold an agenda clouding the facts. And the facts are real estate has, and so far is, a tremendously good investment. I cant in all honesty tell someone out right not to buy because of the continuous surprises to the upside for the markets I follow. I suspect a large driver is expectation of appreciation but some just need housing. And if the numbers makes sense for them why should they not purchase if it's their desire to have greater control over their domicile than if they were tenants. If we see an X correction so what? As long as they can make the payments and cover their living costs most will be fine.