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To: Riskmgmt who wrote (935)8/26/2012 2:15:55 PM
From: John Vosilla  Read Replies (1) | Respond to of 2722
 
The important question is: what is normal? Now that EBR (Everyone But Ramsey) has declared that the bottom is in, is real estate once again the no risk investment that we once enjoyed, or has it forever been transformed into something far riskier? I would opine that the latter is the case.


RE is back to being local. Seriously why should I or you care six years into this if the bottom is 'officially' in if you buy at the right price and the numbers work either for a quick turn or long term rental? I follow that stuff from the ground two steps ahead of what the media will report anyway<g> Nice to see you around Ray and glad Ramsey Su is okay as well. Miss the old days on the RE Crash board where there was actually intelligent conversation like few places on the net regarding our favorite topic.. Boy has that ship long sailed.. Love the perma bears most of all these days<g>