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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (27700)7/1/2011 12:19:11 PM
From: Bonefish1 Recommendation  Respond to of 119361
 
There is a cabin in Montana you can buy.



To: bentway who wrote (27700)7/1/2011 4:20:35 PM
From: John Vosilla1 Recommendation  Read Replies (1) | Respond to of 119361
 
Ironic that any on topic post here usually gets ignored these days. Who'd have thunk 4-5-6 years ago this board would now become dominated by eternal doom and gloomers in the Post-Crash world..These clown day trading shorts either were not here back then or were much less gloomy.. Hah I was probably about the biggest doom and gloomer back then but most of us were opportunists patiently waiting for a post crash world and were civil too.. Most I guess also had good timing and just moved on back to the real world..So we made some shorting homebuilders in 2006, subprime in 2007 and banks in 2008 hopefully but that is in the past and pennies compared to the opportunities I see all around me now. Reliving it is like a teabagger fantasy of the 1850's or 1950's. Many left here following the path of Jessie Livermore or even worse an out of control gambler in denial ..amazing the greatest trader ever filed bankrupcy several times and committed suicide playing the casino in the age of FDR post July 1932 bottom..odds stacked against them

I see bargains abound now finally in SLC. Prices usually head back to near what they were when GWB became president sooner or later...Actually parts of FL bounced hard since 2009 while a few others further north continuing sliding down and are now the incredible bargains that the most talked about ground zero markets were the past 2.5 years but without the name recognition and out of state and foreign inflow that propped up those markets that made the headlines.

Price, illiquidity, interest rates and rents so favorable. Take out the 50% who are broke, the birther/right wing angry crowd at 27% and the perma bear/gold lover end of the world crowds and you are left with perhaps 5-10% actually out there investing, creating, building something and creating jobs..