” I’m from a long line of real estate investors and we all know one thing for sure – Real estate always comes back. ”
How long is your line? 2 or more generations? If your long line of investors was successful, you’d have an inheritance and oodles cash to scoop up those amazing deals you’re talking about.
Sure, real estate comes back but, in the mean time, you need enough money to wait it out and still provide for your family.
I don’t see how anyone with negative net-worth is not in distress. I would be.
I do think that press is looking for ratings. But they haven’t begun to explain to the American people the severity of this crisis.
