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: MulhollandDrive who wrote (84438)	8/10/2007 11:39:08 AM
From: Tradelite	Read Replies (1) \| Respond to of 306849

Why does your daughter want to sell? New job somewhere else? Depending on when and how she bought, is staying put an option?

To: MulhollandDrive who wrote (84438)	8/10/2007 11:11:17 PM
From: John Vosilla	Read Replies (1) \| Respond to of 306849

'i told my daughter to consider renting in the near term after she sells her place, she's pre-qualified for $1.2M (at least she was in july) and she's looking for a bargain and she expects to get it!' Anyone that has got the income and net worth to actually afford $1.2M in mortgage debt should escape the rate race of those overpriced bubble markets if at all possible. Gonna be working long and hard for a long time in debt slavery there.. Quality of life at one third the cost is priceless. I expect cities from SLC to Raleigh and their surrounding burbs .. to really attract even more equity locusts and their employers from the bubble markets in coming years.. Does St George qualify as an exhurb of Vegas? Perhaps of SLC since it is in the same state?<g>