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.

Non-Tech : Investing in Real Estate - Creative Opportunities -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (1279)	1/31/2013 12:53:05 AM
From: Jurgis Bekepuris	Read Replies (2) \| Respond to of 2722

I wouldn't call a response with couple possible counterarguments "stirring so much controversy". I will try to remember not to argue about the info you post. :) I can agree with your claim "20 years olds paying all cash in expensive housing markets is one of the ways these housing markets stay expensive", although I think it's a minor effect that is emblematic of larger effect of US and international (super)rich paying cash in these markets because of their attractiveness to that slice of population.