[quote=kev374]I don’t give a flying F, tired of this nonsense. Staying out of real estate completely. Will continue to rent, works for me. Buying makes no sense whatsoever…it’s a game of musical chairs and I don’t want to be the one without a chair when the music stops.[/quote]
what’s not like about RE as a spectator sport?
could it be RE as a spectator sport only reminds the 99% that it sucks to be poor!
from what I gather in SD it seems that 55% of renters spend > 1/3 of their income on a place to live…
FWIW seems “smart money” is selling everywhere I look… and that tells me those so-called professional investors expect the music to perhaps soon stop playing and a envision chair to be taken away!
few weeks ago read an article in the WSJ reporting a sale of twenty-three thousand units, anyway today got another cold call from RE agents asking if I was interested in buying or selling
what got my attention is a local architect/developer
just listed a couple of his holdings in the neighborhood