"During the thirties great Depression many fortunes were made in buying property at fire sale prices."
Seer the flipside of that coin is for every fortune made one was lost by a property owner who got shafted by buying overpriced property because they believed the shills who said property never goes down.
The fact is property does go down and sometimes it goes down a long way quickly resulting in millions of bankrupt ex homeowners.
- Forums
- Property
- admit it you got it wrong