Recent content by drdoom

I love hearing the mantra of the real estate bulls. "Everyone needs a place to live", and "there is no liquidity". If you can't make your payments then you don't get a choice as to whether you stay or go. You guys are right though it takes a few months to foreclose. Easy Al, or as I like to...

Haven't there also been changes in capital gains taxes on real estate in the last five years? I remember when you would get burned if you sold your home and didn't buy a more expensive one. I don't understand why the housing market is not set up with controls in place to support communities of...

Could you imagine if everything you purchased was based on how high of a monthly payment you could afford and not what amount of value or utility you gained from having it? Number one mistake you make at the car dealership is not talking solid numbers, but letting the salesman dazzle you with...