ah I see the normal bull attitude/argument of it hasn't happened yet so it won't happen - nothing says astute investor with a belief like that.
The markets (worldwide) are sick, they are NOT normal capital markets. If cheap credit is supplied forever then your wonderful housing boom will last a lot longer. Any sniff of rates rising watch the carnage unfold .. and no I dont know when that will happen .. but I do know if you are a heavily leveraged investor you are f&&ked.
one of worst housing bubbles ever seen, page-15
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)