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 : SiliconInvestor All Stars Forum -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (1704)	6/27/2008 1:50:12 PM
From: SouthFloridaGuy	Respond to of 1718

Yup, land value is negative in many cases. This has been the rule of thumb I use for commercial property purchases. Buy at positive EBITDA somewhere near replacement cost. Can't go wrong. I still think residential housing in aggregate has another 6 months to go price-wise, but if there's no transactions in the area I want, then how does it benefit me? Also, I do believe the best areas will rebound first and hardest. There's a belief by housing bears that housing is continuous like stocks but it's not, it trades in discrete intervals with large gaps. P.S. at this point I'm loving the rally in the 10 year. Going to lock that financing sub 6% hopefully.