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Old 05-01-2005, 06:47 PM  
JFK
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Join Date: Jan 2002
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Quote:
Originally Posted by 12clicks
he's an over the hill windbag.
I've seen many housing market spikes and predictions of housing market bubble bursts. The burst never happends. at worst you see a couple years where your house doesn't appriciate for a few years. You never see a decline in real value only a short term flattening.
The entire market goes in approximate five year cycles. If you have been around for a while you will know this. The market will reach a certain hight and then it will correct it self. Real estate is a long term investment and if you know what you are doing there is nothing like it Been there done that since 73
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