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

By HEY YOU   2013 Jan 20, 3:31pm   926 views   3 comments   watch (2)   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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1   carrieon   15/15 = 100% civil   2013 Jan 20, 6:19pm  ↑ like (1)   ↓ dislike   quote    

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.

2   New Renter     2013 Jan 21, 1:35am  ↑ like (1)   ↓ dislike   quote    

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

3   jvolstad   144/144 = 100% civil   2013 Jan 23, 10:48am  ↑ like (1)   ↓ dislike   quote    

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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