Quote:
Originally Posted by pbs911
Did you just wake up from a nap started in 2005?
The economy is in the worst position it has ever been in, unemployment is at its worst, more families are at the poverty level than ever in history, and any available jobs are at the lowest wages ever. There may be supply, but the demand is wearing very thin in the US as testified to by unprecedented number of foreign investors. What medical marijuana are you smok'in?
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So, where's third house?
I can't speak for the third house, but in many areas in Socal, the market is on fire and there are many desirable areas / cities where the pricing did not drop all that much compared to the rest of country.
I agree the economy is not in good shape, but we are talking about buying and selling homes or real estate. foreign invester? so what? We do it to their countries. let em bring back some of our money they make from us. BTW, I don't smoke marijuana, so lets stay on topic.