Has the zeitgeist turned?

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Has the zeitgeist turned?

invite response
2006 Apr 23, 6:41am 8,034 views 66 comments

by Randy H ➕follow (0) 💰tip ignore

der Zeitgesit
"Property Values are Going Down, Down, Down"

...from the Sacramento Land(ing) blog.

The article reads:

A reader sent in a link to this Sacramento Craigslist ad:
MARKET SOFT AND YOUR HOME SITS EMPTY?

YOUR HOME DOES NOT HAVE TO SIT EMPTY, EVEN WITH THIS SOFT MARKET. YOU CAN GET GUARANTEED RENT WITH A LEASE OPTION TO PURCHASE AND HAVE YOUR HOME SOLD AT THE END OF THE LEASE TERM.

NO COMMISSIONS TO PAY, NO LANDLORD HEADACHES, GUARANTEED RENT FOR THE DURATION OF THE LEASE, AND NO MONTHLY FEES.

PROPERTY VALUES ARE GOING DOWN, DOWN,DOWN. STOP YOUR INVESTMENT LOSS BY OPTING TO PLACE YOUR PROPERTY INTO A "LEASE WITH OPTION TO PURCHASE" AND GET A FIXED PRICE NOW, BEFORE THE PRICES DROP FURTHER...

SAVE YOUR INVESTMENT PROPERTY BEFORE MARKET PRICES DROP FURTHER.

"Whoever marries the zeitgeist will be a widower soon." - August Everding

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Randy H 2006 Apr 24, 3:49am

New thread for ZIRP, dollar devaluation, and related discussion:

ZIRP, Global Imbalances, and Home Prices

Please continue to discuss der Zeitgeist in this thread. It's just that the PIMCO ZIRP thing has exploded into a discussion all its own.

65 edvard 2006 Apr 24, 3:49am

Hey BA,
When you say "really bad", do you mean bad as in nothing is selling and prices are going down, or that houses are going up in price? Reason being is that Austin is one possible place me and my wife might move to, but it seems that the cost of housing in the last 2 years has gone way the hell up. We figured we would wait and see if it's RE markets crashed too.

patrick.net

Has the zeitgeist turned?

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