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felixParticipant
4plexowner, I’m sorry you are having a problem understanding what I’m saying. Perhaps I haven’t explained it well enough.
Owning a property as an asset, like renting it as I am, is now attractive compared to other financial instruments where i may park my cash. The return is as good or better than many financial instruments and the long term appreciation potetial still remains.
I know that others are now seeing the same thing. Of course this doesn’t mean those who don’t have the financial wherewithal (those who need cheaper mortgages) can step in immediately but its not as far off as you may think.
felixParticipant4plexowner, I’m sorry you are having a problem understanding what I’m saying. Perhaps I haven’t explained it well enough.
Owning a property as an asset, like renting it as I am, is now attractive compared to other financial instruments where i may park my cash. The return is as good or better than many financial instruments and the long term appreciation potetial still remains.
I know that others are now seeing the same thing. Of course this doesn’t mean those who don’t have the financial wherewithal (those who need cheaper mortgages) can step in immediately but its not as far off as you may think.
felixParticipant4plexowner, I’m sorry you are having a problem understanding what I’m saying. Perhaps I haven’t explained it well enough.
Owning a property as an asset, like renting it as I am, is now attractive compared to other financial instruments where i may park my cash. The return is as good or better than many financial instruments and the long term appreciation potetial still remains.
I know that others are now seeing the same thing. Of course this doesn’t mean those who don’t have the financial wherewithal (those who need cheaper mortgages) can step in immediately but its not as far off as you may think.
felixParticipant4plexowner, I’m sorry you are having a problem understanding what I’m saying. Perhaps I haven’t explained it well enough.
Owning a property as an asset, like renting it as I am, is now attractive compared to other financial instruments where i may park my cash. The return is as good or better than many financial instruments and the long term appreciation potetial still remains.
I know that others are now seeing the same thing. Of course this doesn’t mean those who don’t have the financial wherewithal (those who need cheaper mortgages) can step in immediately but its not as far off as you may think.
felixParticipantpatiently, I hope you and others here praying for a collapse get the homes you want for the prices you seek. I have and I’m currently able to rent it out for a great return on my money and solid potential for asset appreciation. It’s leased for the next 18 months. I have little doubt that this downturn will be well over by then.
Also it’s not just whether you get a home or not but whether you get the home you desire. One day and, as I’ve said, probably not as far off as you think, this back log of homes will be cleared. Many will miss out.
felixParticipantpatiently, I hope you and others here praying for a collapse get the homes you want for the prices you seek. I have and I’m currently able to rent it out for a great return on my money and solid potential for asset appreciation. It’s leased for the next 18 months. I have little doubt that this downturn will be well over by then.
Also it’s not just whether you get a home or not but whether you get the home you desire. One day and, as I’ve said, probably not as far off as you think, this back log of homes will be cleared. Many will miss out.
felixParticipantpatiently, I hope you and others here praying for a collapse get the homes you want for the prices you seek. I have and I’m currently able to rent it out for a great return on my money and solid potential for asset appreciation. It’s leased for the next 18 months. I have little doubt that this downturn will be well over by then.
Also it’s not just whether you get a home or not but whether you get the home you desire. One day and, as I’ve said, probably not as far off as you think, this back log of homes will be cleared. Many will miss out.
felixParticipantpatiently, I hope you and others here praying for a collapse get the homes you want for the prices you seek. I have and I’m currently able to rent it out for a great return on my money and solid potential for asset appreciation. It’s leased for the next 18 months. I have little doubt that this downturn will be well over by then.
Also it’s not just whether you get a home or not but whether you get the home you desire. One day and, as I’ve said, probably not as far off as you think, this back log of homes will be cleared. Many will miss out.
felixParticipantpatiently, I hope you and others here praying for a collapse get the homes you want for the prices you seek. I have and I’m currently able to rent it out for a great return on my money and solid potential for asset appreciation. It’s leased for the next 18 months. I have little doubt that this downturn will be well over by then.
Also it’s not just whether you get a home or not but whether you get the home you desire. One day and, as I’ve said, probably not as far off as you think, this back log of homes will be cleared. Many will miss out.
felixParticipantJwm, indeed it is not 2006. It is 2008 and we are now closer to the bottom than we were in ’06. So whatever you refuted then doesn’t necessarily still ring true. Rates have been reduced dramatically and home pricing has already moderated dramatically.
yes, some home debtors will be out of their homes. It will be those who overextended themselves. The vast majority who have not overextended themselves or used their home as a bank will not be dragged down regardless of whether the Fed monetizes the mortgages or not.
felixParticipantJwm, indeed it is not 2006. It is 2008 and we are now closer to the bottom than we were in ’06. So whatever you refuted then doesn’t necessarily still ring true. Rates have been reduced dramatically and home pricing has already moderated dramatically.
yes, some home debtors will be out of their homes. It will be those who overextended themselves. The vast majority who have not overextended themselves or used their home as a bank will not be dragged down regardless of whether the Fed monetizes the mortgages or not.
felixParticipantJwm, indeed it is not 2006. It is 2008 and we are now closer to the bottom than we were in ’06. So whatever you refuted then doesn’t necessarily still ring true. Rates have been reduced dramatically and home pricing has already moderated dramatically.
yes, some home debtors will be out of their homes. It will be those who overextended themselves. The vast majority who have not overextended themselves or used their home as a bank will not be dragged down regardless of whether the Fed monetizes the mortgages or not.
felixParticipantJwm, indeed it is not 2006. It is 2008 and we are now closer to the bottom than we were in ’06. So whatever you refuted then doesn’t necessarily still ring true. Rates have been reduced dramatically and home pricing has already moderated dramatically.
yes, some home debtors will be out of their homes. It will be those who overextended themselves. The vast majority who have not overextended themselves or used their home as a bank will not be dragged down regardless of whether the Fed monetizes the mortgages or not.
felixParticipantJwm, indeed it is not 2006. It is 2008 and we are now closer to the bottom than we were in ’06. So whatever you refuted then doesn’t necessarily still ring true. Rates have been reduced dramatically and home pricing has already moderated dramatically.
yes, some home debtors will be out of their homes. It will be those who overextended themselves. The vast majority who have not overextended themselves or used their home as a bank will not be dragged down regardless of whether the Fed monetizes the mortgages or not.
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