crash what crash, page-151

  1. 1,314 Posts.
    "SB if that was the case why would government confiscate money (taxes) and only return it if you enter into an agreement to buy a property and if not they give it to someone else who will?"

    I think the answer to that FB is if that were actually true, who wouldn't want to get in on that action? The government actually handing back taxes to make people rich.

    Property investors come from all walks of life, all income and educational levels. Its a very even playing field, no insider trading, no selective tip offs to brokers. Its open to anyone with an income to meet lending criteria.

    But I am no property bull or bear. In fact, had I actually held every house I ever owned instead of taking a quick short term gain, I would be retired on the income. I am not even 40 years old. Had I actually kept those houses, and used that equity to buy more, I could probably fund your retirement as well. Truth is, I always found a reason to be a bear, mainly listening to some of the hysteric opinions out there that the crash was inevitable.

    Crashes have been predicted since I bought my first house, and about every year ever since, and still nothing. Call it what it is ... stagnation or easing ... but the crash is just a dream of the have not's.
 
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