I know that many properties out here in Califexico and other places across the US have been bought by cash buyers. Large buyers. Here is a pretty good explanation of the new twist by WallStreet on leveraging real estate again. Home price are starting to escalate and there are no REAL jobs being created out here. It's the banker boys again.
I am thinking of talking the wife into selling this time. I wanted to prior to the last crash but was sidelined by a serious accident.
Housing price mania version 2.0
Started by
Chilidawgz
, May 19 2014 04:08 AM
1 reply to this topic
#1
Chilidawgz
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- Traders-Talk User
- 5,626 posts
A fool and his money... (the second mousie gets the cheese)
Posted 19 May 2014 - 04:08 AM
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
#2
AChartist
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- Traders-Talk User
- 5,800 posts
Tim
Posted 19 May 2014 - 06:46 AM
I go back and forth,
in the hyper inflation the home is probably a better lock
than rent provided the income will be there to pay it.
I will give up spending $500 more mortgage to begin to take a $100 monthly tax
deduction and can find a house about what I pay for rent.
"marxism-lennonism-communism always fails and never worked, because I know
some of them, and they don't work" M.Jordan
