I have not heard a more HONEST and intelligent commentary ANYWHERE! Listen to this woman carefully. In my opinion though, we are headed for a total economic depression worse than the great depression.... sell your house, then buy gold and sit on it. But then again, I could be wrong.....
Thank you! You are the best advisor, very strainght foward, realistic and right in the point. Thank you! You just anwered my question about buying or renting....I was so confused, now I see it clearly.
I have not heard a more HONEST and intelligent commentary ANYWHERE! Listen to this woman carefully. In my opinion though, we are headed for a total economic depression worse than the great depression.... sell your house, then buy gold and sit on it. But then again, I could be wrong.....
davfritz 2 years ago
In the US, Case-Shiller has been increasing on speculation, FHA and first time home buyer tax credit.
However, real estate prices are still too high, and will need to fall. Case-shiller at perhaps 145.
The US housing price bubble was temporarily interrupted by Gov and FED GSE, housing and bailout programs.
A lot of effort went into getting real estate prices increase. But, it is unsastainable.
The true market price relative to real wages will eventually win out.
personova 2 years ago
you do know. if people applied these principles to the housing market over the last 10 years, we would not be in such a mess today!
Great advice!!!
Peace and Love
FeverIAm 2 years ago
Thank you! You are the best advisor, very strainght foward, realistic and right in the point. Thank you! You just anwered my question about buying or renting....I was so confused, now I see it clearly.
SilverRose09 2 years ago
Comment removed
SilverRose09 2 years ago