02-10-2009, 08:54 AM
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I'm Lenny2 Bitch
Join Date: Mar 2001
Location: On top of my soapbox
Posts: 13,449
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Quote:
Originally Posted by KMR Stitch
Lars you are taking out 1 key factor.
The Baby boomers are coming out of retirement AGE 60-65 ish A lot of them will be moving to warmer southern areas. Florida/Texas/Cali
The market might bust in a few areas but still be strong in the south.
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Quote:
Originally Posted by Amputate Your Head
Location location location..... and I'm sittin' on the mutha fuckin' beach.
Your bubble may burst.... but mines still shining.
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Quote:
Originally Posted by Veterans Day
small pockets of devaluation, such as shithole california. Overall the best investment one can make. Nothing dramatic
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Quote:
Originally Posted by jonesy
there will never be a decline in real estate. ever.
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Quote:
Originally Posted by clickhappy
Alan Greenspan said theres no real bubble, just pocket bubble areas.
So I dont think the shit's going to hit the fan, I just think there will be a little depreciation in California, NYC, Las Vegas and Boston.
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Quote:
Originally Posted by BoNgHiTtA
Im going to have to go with people like Greenspan and Buffet. There are pockets of hyper growth (look at the areas posted in the other thread) BUT, other areas are appreciating at a sustainable rate. Sure, there is a bubble in some areas, but others are not in any sort of stock market decline danger.
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Quote:
Originally Posted by jonesy
i do think its going to level off and stop for awhile.
but a decline in price?
nope.
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Quote:
Originally Posted by Alex From San Diego
People have been telling me about this bubble since 01. I'm glad I didn't listen to them.
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Originally Posted by HighRoller
I have been a full time real estate investor for 3 years
No matter if real estate goes up and down doesn't matter to my business.....
Florida and Nevada will have intermitted set backs
as at certain moments they overbuild...
Florida will be big for a long long time.....
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Quote:
Originally Posted by Lane
Whatever happens, it will not drop below what it is today
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Originally Posted by TheSaint
Like any market, the bubble popping, if indeed it does, will take out some of the excess in the housing market. People who were truly stupid (bidding against each other above the asking price, buying houses unseen, etc.) could get hurt.
But most single family real estate sold in the U.S is owner occupied.
I don't think its possible to come up with a forecast where Florida stops growing. Its just not possible to manufacture area to live with Florida's most valuable commodity - sunshine.
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Quote:
Originally Posted by bradpitt
I made millions and will continue to. There will not be a crash but taking insanly huge profits may stop.. fine with me.
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Originally Posted by NY_TIM
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Originally Posted by FUCKuPAYme
even if it dropped that much you still made a shit load my house goes up 100k year About 35% in tampa on the water. btw always buy on the water
I think real estate is a safe bet if you cant sell when the market drops their will be plenty of renters
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Quote:
Originally Posted by will76
Didn't long term interest rates just go down ;)
Sorry guys no burst soon.
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Ahhhh, I love history.
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