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peterb
ParticipantIt’s not about calling a bottom. Who knows when that will come? Who knows how long the market will stay at the bottom before it ever starts to rise. Real estate moves at a very slow pace. Investment 101, follow the trend. Why get into this market before it shows any sign of improving? You can easily time the real estate market. It does not turn on a dime.
peterb
ParticipantIt’s not about calling a bottom. Who knows when that will come? Who knows how long the market will stay at the bottom before it ever starts to rise. Real estate moves at a very slow pace. Investment 101, follow the trend. Why get into this market before it shows any sign of improving? You can easily time the real estate market. It does not turn on a dime.
peterb
ParticipantIt’s not about calling a bottom. Who knows when that will come? Who knows how long the market will stay at the bottom before it ever starts to rise. Real estate moves at a very slow pace. Investment 101, follow the trend. Why get into this market before it shows any sign of improving? You can easily time the real estate market. It does not turn on a dime.
peterb
ParticipantThe Irish tactic of very large tax breaks to attract high paying businesses was very successful. They literally pulled themselves out of the cellar they’d been in for decades/centuries in less than 10 years.
Although their real estate bubble is bursting hard, this may well be an opportunity in the making. When the recovery happens, they will be in a good position to rise first and fastest. The only caveat is that they may kill the golden goose now that times are hard.peterb
ParticipantThe Irish tactic of very large tax breaks to attract high paying businesses was very successful. They literally pulled themselves out of the cellar they’d been in for decades/centuries in less than 10 years.
Although their real estate bubble is bursting hard, this may well be an opportunity in the making. When the recovery happens, they will be in a good position to rise first and fastest. The only caveat is that they may kill the golden goose now that times are hard.peterb
ParticipantThe Irish tactic of very large tax breaks to attract high paying businesses was very successful. They literally pulled themselves out of the cellar they’d been in for decades/centuries in less than 10 years.
Although their real estate bubble is bursting hard, this may well be an opportunity in the making. When the recovery happens, they will be in a good position to rise first and fastest. The only caveat is that they may kill the golden goose now that times are hard.peterb
ParticipantThe Irish tactic of very large tax breaks to attract high paying businesses was very successful. They literally pulled themselves out of the cellar they’d been in for decades/centuries in less than 10 years.
Although their real estate bubble is bursting hard, this may well be an opportunity in the making. When the recovery happens, they will be in a good position to rise first and fastest. The only caveat is that they may kill the golden goose now that times are hard.peterb
ParticipantThe Irish tactic of very large tax breaks to attract high paying businesses was very successful. They literally pulled themselves out of the cellar they’d been in for decades/centuries in less than 10 years.
Although their real estate bubble is bursting hard, this may well be an opportunity in the making. When the recovery happens, they will be in a good position to rise first and fastest. The only caveat is that they may kill the golden goose now that times are hard.peterb
ParticipantInflation is still pretty far away. IMO. No multiplier effect and wages stuck. Unemployment rising. Defaults rising.
Debt in a depression is a recipe for financial failure. If you’re not in a position where you have to buy a house, I would wait until there are a few positive trends in the market….like unemployment decreasing instead of increasing.peterb
ParticipantInflation is still pretty far away. IMO. No multiplier effect and wages stuck. Unemployment rising. Defaults rising.
Debt in a depression is a recipe for financial failure. If you’re not in a position where you have to buy a house, I would wait until there are a few positive trends in the market….like unemployment decreasing instead of increasing.peterb
ParticipantInflation is still pretty far away. IMO. No multiplier effect and wages stuck. Unemployment rising. Defaults rising.
Debt in a depression is a recipe for financial failure. If you’re not in a position where you have to buy a house, I would wait until there are a few positive trends in the market….like unemployment decreasing instead of increasing.peterb
ParticipantInflation is still pretty far away. IMO. No multiplier effect and wages stuck. Unemployment rising. Defaults rising.
Debt in a depression is a recipe for financial failure. If you’re not in a position where you have to buy a house, I would wait until there are a few positive trends in the market….like unemployment decreasing instead of increasing.peterb
ParticipantInflation is still pretty far away. IMO. No multiplier effect and wages stuck. Unemployment rising. Defaults rising.
Debt in a depression is a recipe for financial failure. If you’re not in a position where you have to buy a house, I would wait until there are a few positive trends in the market….like unemployment decreasing instead of increasing.peterb
ParticipantVirtually every realtor saying it’s a good time to buy. Yet aggregate house prices drop another 20%.
US$ goes par with Euro. Gold and silver mining companies double in stock price. Gold stays about $700 or more.
Major stock indexes drop another 25%+.
Unemployment keeps rising all year long.
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