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.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: michael97123 who wrote (461088)	3/4/2009 3:09:35 PM
From: tejek	Read Replies (2) \| Respond to of 1576882

If i had balls i would buy a vacation home but the fear of losing more money this year, this time on real estate unnerves me. If someone could call a housing bottom in vacation locations i would be there. Right now prices plummetting in and around NYC. An apartment that sold for 16mm just went for 3mm. Last year owner turned down 14mm, holding out for better price. When prices break here in NYC, they break. Another bubble hits the dust. Where are you thinking of buying a second home? Typically, vacation homes are the last to recover.