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Boom'n'Bust

Real Estate: When Booms Go Bust...

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Here's another article for you guys to debate on...ENJOY!! :)

http://money.cnn.com/2005/09/19/real_estat...lines/index.htm

Real estate: When booms go bust...

Those investors should realize that price reversals do happen, even if only locally rather than nation-wide. A look at the not so distant past reveals numerous examples of cities that went through housing busts -- followed by years of falling prices. Some have never fully recovered.

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http://money.cnn.com/2005/09/19/real_estat...lines/index.htm

Real estate: When booms go bust...

Are there investments out there that could outperform real estate over the next few years? Absolutely. We just wouldn't recommend literally betting the house on any of them if your eventual goal is to buy another home.

"You've got enough speculation in the decision to sell the home and wait for real estate prices to come down," says financial planner Raymond Ferrara, president of ProVise Management Group in Clearwater, Fla. "You don't need to double the speculation by putting the proceeds into stocks." Ferrara recommends parking real estate profits in short-term bonds and bond funds.

Hmm

people recommending those bonds again

edited because i'm to relent on sfellchecher

Edited by lowrentyieldmakessense(honest!)

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About 30 mins ago Bloomberg interviewed the head of the US National Association of Homebuilders. Their prediction? Soft landing in 2006. Sounds familiar :rolleyes:

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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