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: Lizzie Tudor who wrote (138401)	8/3/2008 9:59:12 AM
From: John Vosilla	Respond to of 306849

'whats amazing to me is what is happening to rents, I don't quite understand it. I'm glad I am not a renter now.' Keep us updated on rental rates in future quarters.. I believe the coming hyperinflation and low fixed rate financing makes RE the best investment the next cycle by a wide margin. Still not comfortable with numbers in your area though but we will follow your lead in the rest of the country. Curious as to how the home values you talk about in your hood now stack up to where they were in 1999. 1968-1980 period home prices were increasing at near double digits per year in most areas I track down here but only condos were overbuilt, we didn't have the credit juiced cycle like we just had either and GRM's were at very reasonable levels. Even the three recession in the period didn't do much to derail the constant dollar debasement that destroyed the perennial renter, investor in any financial asset or the cash is king crowd..