Wednesday, Apr 29, 2009
For the bulls
Market Oracle: The Great U.S. Housing Market Depression, America Stop Thinking about Homes as Investments
They’re taking billions of dollars of your national wealth and transferring the loot to their Wall Street friends on the promise they can make things all better — the way they used to be. America, it’s time to wake up and smell the coffee. The glory days of the housing bubble aren’t returning. You can wear a faded rose and pine for days gone by all you want, but your life will be much easier and stress-free if you can get the real estate monkey off your back. The world has changed, and the days of flipping houses like rows of hamburgers are probably not coming back for a decade … maybe longer.
Posted by bufferbear @ 12:03 AM (455 views) Add Comment
1 Comment
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1. japanese uncle said...
Yes, it is an investment, indeed as housing market is now really subject to the qualification, "past performance is not necessarily indicative of future returns and the value of an investment may decrease as well as increase, an investor may not receive the amount initially invested, and income, if any, may fluctuate.