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Re: osprey post# 391834

Monday, 05/16/2005 1:25:59 AM

Monday, May 16, 2005 1:25:59 AM

Post# of 704044
I came out ok on that house. I just held on until the market turned, could afford to do so. Sold it for a 20% gain, but was in it for 10 years. Can't believe, however, the 100% +++ gain in two houses over slightly less than 5 years. I mean, salaries haven't risen anywhere close to that. Add in rising energy and food costs, and it doesn't take a genius to figure out what's going to happen.

That is why I'm all cash in housing now. When it pops, I wanna buy up the scraps.

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