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Re: We need to start getting concerned.
US money comes form one source, the fed, and it costs us to borrow it. if you borrow $5 @ 5% interest where do you get the money to pay the interest??
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Re: We need to start getting concerned.
Originally Posted by brine04
Congrats on the purchase, is it an investment or a home? Real estate is a great investment but how many of the serious players buy up land and hold it for 20 years? They hold for maybe 10 if they know that they can develop it successfully in that time and sell it otherwise their capital is tied up for too long when it can be earning revenue or interest elsewhere. They also diversify themselves with other investments and properties to flip. If you have the capital to tie up into investment grade real estate good for you. I am still several years away from any of that, school keeps me sufficiently poor.
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Re: We need to start getting concerned.
Originally Posted by Urban Indian
holy ----, I never knew you were smart.
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