Quote:
Originally Posted by fastfredracing
I hate to be a vulture, but we have been looking for another rental house. Now may be a good time to grab a few of them .
On the other hand, I am scared for the future of that biz .
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Every 7 years or so there has been an expected market downturn.
mostly.
Don't worry. This too shall pass.
(Or destroy us all, regardless of where assets are placed.)
Now is not quite the time to buy RE.
Wait until the panic has everyone quivering in their boots and scattering to the four corners.
Just like a decade ago.
There is a lot of 'cash' floating around at the top levels.
It all has to go somewhere eventually.
"At the end of the game the pawn and the king end up in the same box."