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Canadian Member
Join Date: Nov 2003
Location: Shuswap Lake, BC
Posts: 4,483
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Yeah that price he's offering is sooooo scary.
People in my Region are preaching doom and gloom all the time lately. So far I have seen no sign of it; only a badly needed correction so far. In other words, nothing has dropped to 'below' cost; when people start selling stuff at a loss, then we've shifted from a correction to a recession. Sounds like the area you're in?
At my age, that would clearly mean "Stop" and "Hold", but if I was younger I'm wondering if I wouldn't be looking at buying up the entire sub-division and developing it myself? Ha! About 4 years ago I shifted to the "10 Year Plan", whereby my wife and I agreed that any purchase/play that we made financially we would have to be prepared to accept it for 10 Years, cuzz we knew the correction was a coming. So far, stuff is still moving here, just slower and at a more reasonable price.
Glad you're playing it safe Mike,
Cheers
__________________
Rob McKibbon
Arena Red 96 993 TT LINK
Contemplate YOUR Success!
Last edited by 911Rob; 12-15-2008 at 09:16 AM..
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