Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: SouthFloridaGuy who wrote (56338)	6/19/2006 1:10:04 PM
From: GraceZ	Respond to of 306849

But the trick in life is to not compound one's losses and I've learned a lot about the housing market since then - namely, don't fight the tape. I didn't feel much different than you did in 2002 or even 2001, I just had a low basis on what I owned so I could justify holding my RE. I didn't buy anything in the period and what I sold, I sold early (those sells are looking better and better). Having fully participated in the stock market bubble cured me of trying to make "easy" money. Easy money never is. Plus, you probably did the one thing people almost never do and that is save and invest the difference between renting and owning. And you probably put it into something that does almost as well as RE. It was hard beating RE returns in the last five years but it could be done. RE will be easier to beat in the next five.