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Old 11-03-2005, 06:15 AM
lastsamurai lastsamurai is offline
Senior Member
 
Join Date: Mar 2005
Location: la la land
Posts: 222
Default Re: Hedging against the burst (real estate)

This is the problem with the boom we have today...you have 23 year old kids buying homes with no money down through private lenders. when interest rates go up...and they cant make their monthly payments...they will be forced to sell...when there are no buyers...the price will go down... I would say wait about 18 months before you consider investing in real estate today...
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