[quote=flu]Actually, I think during this time, it will be a great opportunity for the smart money to really milk this for all it is….We’re gonna be spending more and more money, no doubt. Smart people will get on the bandwagon and milk it like there is no tomorrow…
Time to buy more property.. Rates are gonna stay low, we’re gonna have more bailouts…It’s all good…Worry about our kid’s future later. If you have a nestegg established, who cares about everyone else’s kid that doesn’t… Their problem, not yours… You’re kidding yourself if you think most americans (democrats or republicans) really care anymore about the future…They want their HELOC loans back damnit now, so they can get into a BMW for $300/month! Did anyone notice the surge of new cars in SD recently? Good times are here again!
Frankly, I’m crossing the line and gonna join them… Time to get a RE license….Stay tuned.[/quote]Hell yeah it’s time to milk it. I’m loving this low and ever declining mortgage rate. It has been paying for my property tax and insurance for the last 2 years. Seems like I have at least 2-4 years of free property tax and insurance.
I’m with you on the RE license. I’m pondering getting one myself.
