When someone figures out the RE market,let me know.

By HEY YOU   follow   Sun, 20 Jan 2013, 3:31pm PST   ↑ Like   ↓ Dislike   772 views   3 comments   Watch (2)   Share   Quote  

http://www.businessinsider.com/states-with-highest-negative-equity-2013-1

http://money.cnn.com/2012/07/18/real_estate/home-construction/index.htm

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carrieon   befriend (0)   ignore (0)   Sun, 20 Jan 2013, 6:19pm PST   Like (1)   Dislike     Share   Quote   Comment 1

In 2008, Jim Rogers suggested to just let the entire housing market collapse 80%, to expedite the recovery in only two years. Instead, the people from above caused the opposite to happen, which is why we are still floundering around today with uncertainty.
Being the guru that he was in 2008, he sold everything he owned in America and then moved his entire family to Malaysia to start a new life. Looking back now, you can't say is was a bad idea. True story.

New Renter   befriend (4)   ignore (11)   Mon, 21 Jan 2013, 1:35am PST   Like (1)   Dislike     Share   Quote   Comment 2

donjumpsuit says

Works well if

1. you have homes in 2005

2. you have money in 2010-2012

AND you live in a market which over corrected and is showing recovery

jvolstad   befriend (4)   ignore (3)   Wed, 23 Jan 2013, 10:48am PST   Like (1)   Dislike     Share   Quote   Comment 3

Don't the Realtor's understand the market? After all, they have all this great training. They also look out for your best interests. :-/

Excuse me while I take a dump.

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