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Re: CaribbeanJim post# 33469

Wednesday, 08/23/2006 6:42:08 PM

Wednesday, August 23, 2006 6:42:08 PM

Post# of 79026
OT: CJ: "Buying low" in housing.

So you bring up a point of something that I have thought about. If one had enough spare money, either outright cash or enough to pick up another mortgage, at what point would one want to pick up a house real cheap due to a collapse of the housing market? Kinda like "buy low" part of the "buy low, sell high".

You seem to think 2020 is the right time to do this. Is that a SWAG or do you have a good idea of why 14 years from now is the right time.

Thanks!

Jared
jjames10@nc.rr.com
"Don't Panic!"

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