SI
SI
discoversearch

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 : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (134885)7/23/2013 5:48:30 PM
From: Jim McMannis  Read Replies (1) | Respond to of 149317
 
RE:"Others just don't want to be tied down with home ownership. Remember GWB's ownership society and how that one backfired?"

Now that prices have dropped and rates are still low they could actually get in with a lot less risk. But flippers/investors with cash are beating them out. I'm seeing it more and more. Something comes on the market at a decent price and a bunch of Mercedes drivin' dudes with gold chains show up with cash and out bid someone that needs a house. Even WS has got involved which is a darn shame.