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


To: tejek who wrote (2036)2/5/2014 4:41:09 PM
From: John Vosilla  Read Replies (1) | Respond to of 2722
 
Still off the peak from 2007

Sadly has become a shell game and house of cards economy. This gets old after a while IMHO. I am buying in areas comparable to CA at the 1995 bottom, so not bouncing yet even as big markets like Miami have made a big move so I like my vantage point of trend following, a position of flexibility and low price points going in. My gut feeling this time if rates don't rise much, we don't overbuild too much and a highly leveraged J6P is not allowed into the game it might just flatten out most of the country at high levels for a long time squeezing everybody over the long run. RE taxes probably go up a lot and the younger generation has no chance to even get in the game either if they miss the current window.. Any crash repeat nationally that might even come is at least 2-3 years away IMHO. Meanwhile how much higher will CA prices go?