So....Real estate has suffered majorly during the past year or so. Does anyone know when it is coming back. The obama administrations large scale government spending is going to really weaken the dollar and possibly put the U.S. in hyper inflation by 2010. What are the signs of a recovery in Real Estate? Will this effect Real Estate? Comments? Thanks!
in uncertain time it's always advisable to buy certain solid assets such as gold, income producing real estate etc. real estate market of rentals is going to be hot soon, because of the foreclosures, the people who cannot otherwise afford a home had bought homes by cheap money, are now on streets looking for some rental housing. make sure you have quality tenants though
In uncertain time it's always advisable to buy certain solid assets such as gold, income producing real estate etc. Real estate market of rentals is going to be hot soon, because of the foreclosures, the people who cannot otherwise afford a home had bought homes by cheap money, are now on streets looking for some rental housing. More details click the following links.
#1 real estate is extremely local. Some areas have a fairly strong real estate market right now. You can look at how the job market is in your area and that will help you predict how many people would be willing to commit to a thirty year mortgage- they have to feel secure about their job. If we enter a very inflationary period then you need to have as much of your money invested in solid assets such as gold or real estate as possible. Real estate has an actual value and as US currency loses value the amount of currency required to buy real estate would escalate dramatically.
