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(former)FormerSanDiegan
Participantsdduuuude makes a great point.
When you see the bottom, you will recognize the bottom, you will want the bottom, but most won’t be able to afford the bottom (because of loan conditions).
Much like the bottom shown below.
[img_assist|nid=8575|title=Hopefully this is what the bottom looks like|desc=|link=node|align=left|width=88|height=124]
ParticipantI don’t know if it’s a good way to find the bottom, but here’s how I look at it :
Real estate makes sense to purchase when the numbers work out. If you run the numbers on a certain area/property type and it makes sense to own it strictly from an investor’s standpoint, then it makes sense to jump in.
By this criterion, you may not hit bottom, but at least you will be close enough not to get burned.ParticipantI don’t know if it’s a good way to find the bottom, but here’s how I look at it :
Real estate makes sense to purchase when the numbers work out. If you run the numbers on a certain area/property type and it makes sense to own it strictly from an investor’s standpoint, then it makes sense to jump in.
By this criterion, you may not hit bottom, but at least you will be close enough not to get burned.ParticipantI don’t know if it’s a good way to find the bottom, but here’s how I look at it :
Real estate makes sense to purchase when the numbers work out. If you run the numbers on a certain area/property type and it makes sense to own it strictly from an investor’s standpoint, then it makes sense to jump in.
By this criterion, you may not hit bottom, but at least you will be close enough not to get burned.ParticipantI don’t know if it’s a good way to find the bottom, but here’s how I look at it :
Real estate makes sense to purchase when the numbers work out. If you run the numbers on a certain area/property type and it makes sense to own it strictly from an investor’s standpoint, then it makes sense to jump in.
By this criterion, you may not hit bottom, but at least you will be close enough not to get burned.ParticipantI don’t know if it’s a good way to find the bottom, but here’s how I look at it :
Real estate makes sense to purchase when the numbers work out. If you run the numbers on a certain area/property type and it makes sense to own it strictly from an investor’s standpoint, then it makes sense to jump in.
By this criterion, you may not hit bottom, but at least you will be close enough not to get burned.ParticipantOh, and as to the original comment as to feeling like 1996. It seems much more like 1993 to me … Going through or optimistically just past the steepest part of the decline in this cycle.
ParticipantOh, and as to the original comment as to feeling like 1996. It seems much more like 1993 to me … Going through or optimistically just past the steepest part of the decline in this cycle.
ParticipantOh, and as to the original comment as to feeling like 1996. It seems much more like 1993 to me … Going through or optimistically just past the steepest part of the decline in this cycle.
ParticipantOh, and as to the original comment as to feeling like 1996. It seems much more like 1993 to me … Going through or optimistically just past the steepest part of the decline in this cycle.
ParticipantOh, and as to the original comment as to feeling like 1996. It seems much more like 1993 to me … Going through or optimistically just past the steepest part of the decline in this cycle.
ParticipantSo, the idea of a typical engineer making 150K is merely far-fetched, but the idea of a typical educated DINK couple making 300k borders on science fiction.
I agree. Your typical professional DINK couple in their mid 30’s are making only about 200K.
ParticipantSo, the idea of a typical engineer making 150K is merely far-fetched, but the idea of a typical educated DINK couple making 300k borders on science fiction.
I agree. Your typical professional DINK couple in their mid 30’s are making only about 200K.
ParticipantSo, the idea of a typical engineer making 150K is merely far-fetched, but the idea of a typical educated DINK couple making 300k borders on science fiction.
I agree. Your typical professional DINK couple in their mid 30’s are making only about 200K.
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