Hate to be the grim reaper but are looking at a possible depression

Quote from ammo:

dont remember for sure but i think it was 95% ot the things u worry about never happen, so if you are a worrier u use 95% of your life for 5 % of the events
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Go buy some real estate and get a roof of your own. Stop bouncing checks on landords and little old ladies.
 
I can tell you right now from first hand experience that buyers with 720+ credit scores and even 10% to 19% down are having trouble being approved for mortgages on new homes/condos.

Real estate development is what I do, so this is not some BS; it's really the situation that I see with my own two eyes right now.

The great 'ownership' society looks like it will have to give way to a whole lot more rentals and leases.
 
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