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Old 08-04-2005, 12:11 PM  
warlock5
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Join Date: Jan 2004
Location: Uranus
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There is no point in argueing whether or not there will be a decline soon or not. No one knows. The stock market goes up and down every day, hour, minute, second, based on different information and events. Its the same shit with real estate. Markets are determined by what people "think" is going to happen in the future.

If a negative cashflow for a year or two won't hurt you. If a property value drop off for a few years won't hurt you -- then you have nothing to worry about.

But, some of you guys are overleveraged and will go bankrupt in a market down turn. I would not want to be in your position right now, even for a chance to walk away with a little extra money.
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