Home > Boards > Free Zone > User's Groups > Dividend investing for Retirement and other $$ Gainers

The real estate industry, the banks and the

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
bar1080 Member Profile
 
Followed By 214
Posts 22,788
Boards Moderated 6
Alias Born 07/07/04
160x600 placeholder
bar1080   Thursday, 09/20/18 12:31:09 PM
Re: fung_derf post# 143
Post # of 193 
The real estate industry, the banks and the government conned a lot of people, often youngsters, into thinking home ownership is a golden cow. "Buy now before it's too late." You saw what that led to in 2008 in places like Las Vegas and Florida.

I had a neighbor who moved from Las Vegas to my city. He still owns three homes there... all of them deep underwater. Plenty of IHUBers were RE flippers back then. Most disappeared by 2010.

Yields on apartment buildings nowadays are too low to interest me. Yep, repairs and tenants.

Much to be said for living in a nice apartment building.


______________________________________________________________
Because the Good Life is Just a Pump or Two Away
Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences