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    Housing Rolling Along 2

    Here's food for thought. Some argue that a "crash" will occur. Some argue that the "bubble" will deflate, and then price appreciation will continue. With higher costs for labor and materials brought on by a weakening dollar, (still) relatively low interest rates and (a new development)...
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    Housing Rolling Along 2

    Don't put words in my mouth. I didn't say "this time is different". I am just wondering if the price run is taking a breather and still has legs based on what I've been seeing locally. Points to ponder: I know that when I bought my house in 1997, I would have LOVED to get the interest...
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    Housing Rolling Along 2

    I live in North Florida, and it behaves more like the so-called Fly Over states. Every morning on my way to work, I cut through a big neighborhood with cute starter homes. As the rates began to rise, and we started hearing about the "bubble", I saw more and more for sale signs on my way...
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    Real Estate is SLOOOWING.....

    You know that rents are rising, right? What about REITs positioned for rents?
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    More Americans are losing their homes

    Oh for Pete's sake...why is everyone so scared of real estate? Hold on to your real estate. Buy all you can at fixed rates. A fixed rate note is a promise to pay the bank back X number of dollars over time in exchange for the use of a property now. For me, I have rental houses on fixed...
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    Housing Rolling Along 2

    Nah. Depends on how he has them financed. Rents are going up. Its a national trend that you can verify anecdotally or through HUD numbers. If your properties are locked into fixed mortgages, it will only get better from here. Right now, I have 4 rentals and am in the process of buying 2...
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    what's going on with real estate?

    This was my criteria for buying the last two units I purchased. I noticed that the rent was more a function of the number of bedrooms and (to a lesser extent) bathrooms. However, the payment was a function of square footage. So I looked for small places with lots of rooms (relatively). They...
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    what's going on with real estate?

    Hydroblunt, That index is turning around. I don't think its reflected in some of the more current data, which still is somewhat stale by the time its published. I'm seeing rents rising at a brisk pace while selling has slumped a little. I'm trying to figure out how much prices will drop vs...
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    Nuking the Economy

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    What should I do now?

    If it were me, I'd take a job transfer to a location where the cost of living was a heck of a lot lower. The so called, "fly over" states. Then buy a house for less than half of what you have. In my neck of the woods (North Central Florida), a single guy could retire permanently, or take...
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    Tax cuts have not created a single job

    Sounds good. You write it up, and I'll approve it.
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    Tax cuts have not created a single job

    Where did the blue line come from? How was it created? The deficit is a function of the number of jobs filled. Less workers paying taxes can also lead to higher taxes. By the logic of the graph, we could just tax everyone double what the blue line is indicating, and then we'd be running a...
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    Tax cuts have not created a single job

    Thats pretty funny the way you couched your counter-point because you're saying I've paid for all the infrastructure, so I have good roads to use it on, but still don't have my Porsche 356 to drive on them! For the record...no...I don't have a problem with paying taxes for the things we need...
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    Tax cuts have not created a single job

    You're forgetting about all of the left-wing political pundits who owe their living to criticizing the tax cut. No jobs were created for the pundits who advocate cutting spending, the real problem, because there are none. As an aside, my dream is to have a used Porsche 356. A cool antique...
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    How to play a multi-year real estate bull market

    Amen to that. It was hard to be a landlord with flat rents, increasing taxes, and amazing prices paid for our inventory of housing. I suspect that for these reasons, there is going to be a real shortage of rental property available and rents will ratchet up suprisingly fast. It will probably...
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    How to play a multi-year real estate bull market

    I'm thinking your post is a troll, but you really can't raise your rents much faster than inflation. If you did, you'd soon have no tenants. Further, smart landlords know that it is wise to raise rents slowly, or not raise them at all, for good tenants who pay their bills on time and don't...
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    How to play a multi-year real estate bull market

    If I was in a position to get a small apartment complex, I would do so in a heartbeat, my friend. Every bit of analysis I've done indicates to me that its the right move. The timing might not be perfect because some of them are still priced as if the buyers will do condo conversions...depends...
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    How to play a multi-year real estate bull market

    When interest rates are in a downward trend, the payments on housing gets cheaper and cheaper, so more people demand houses to buy. In this scenario, buy and hold all the property you can, preferably by having tenants making the payment. Variable notes are great when this happen, as long as...
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    The Beginning of Giving Houses Away.

    Name three people you know who can't find a job who are truly trying to find one. We've been trying to hire a technician position at our firm for 3 weeks and an engineering position for over a year.
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    The Beginning of Giving Houses Away.

    I read an article about that recently. Japan's population barely increased (like 3%) over the last 15 years, whereas our (U.S.A.) population increased by 40% in the same period. We keep having babies, so we keep needing new houses. The two real estate markets aren't comparable that way...
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