Quote:
Originally posted by Peaches
Tell that to many people who bought homes in Houston during the oil boom, NJ during the housing boom, in CA during the Silicon Valley boom, etc.
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I bought during the Silicon Vally boom and sold during the boom, made a nice profit doing it to. Bubbles are nice if you can get in and get out quick and well before the peak.
Best time to buy is when prices are depressed, if you can hold on and wait for recovery. Houses are nice becuse you can live in it or rent it.
Nice bubble going on here in Florida right now. Pirces up 20-30%/year in some areas. Cha-ching
