Tuesday, July 31, 2007
The Real Estate Bubble
I see this as an opportunity to buy. Why does everyone rush on the bandwagon and buy when everyone else is buying? Does this make any sense? Merril Lynch's defunct ads with the herds of bulls running gave way to their ads with one loan bull confident in his strategy - or his peice of turf. Real estate is a great asset to own. Ask anyone with a memory. The rougher times are better for buying. Rents are up too. Find a way to buy a house and rent it out. You'll be amazed what that one move will do to your fortunes 10 years from now.