SI
SI
discoversearch

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.
Non-Tech : Deflation -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (354)8/12/2007 8:01:25 PM
From: Ilaine  Read Replies (1) | Respond to of 621
 
Don't buy yet, is my opinion. Wait until there's blood on the streets.

No point buying if you need the rent to pay the mortgage, that's what's blowing up even as we speak.

Speaking anecdotally, the hurt seems to be worst in immigrant communities, whether legal or illegal I have no idea, but if the illegals are being expatriated are there enough legals left to carry the weight?

Yet another reason for the dreaded "sell to whom?" phenomenon.

Or, in your case, it would be the "rent to whom?" phenomenon.