Quote:
Originally Posted by Kurt V
I can't believe housing prices would go up in the next year. If it was me, in this shaky economy, I would keep renting and hold on to the cash.
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I agree. I'm poised to buy another place, but I think the economic melt down is going to have a cumlative effect by getting a bit worse, then a bit more worse on top of that. Then the people who are doing OK are no longer doing OK, and so on. As Kurt said it's unlikely property prices are going to take off on a hiss and a roar and well all miss out.
My policy is to sit tight and watch all the indicators. So far not good
