[quote]Well, this thread I agree that price is not a motivator for purchasing to an investor. That is why for me, I am only looking to be a RE investor at least 5-7 years from now.[/quote]
Show me an investor who doesn’t think price is a motivating factor when purchasing, and I’ll show you a fool.
The bubble was caused by purchasers who didn’t concern themselves with “price” as much as they were concerned with “appreciation”. Obviously, there is a certain amount of “herd” mentality involved in real estate. The key to success is learning what the herd is doing and then make sure NOT to follow.
