Quote:
Originally Posted by Regorium
If you can accurately predict upswings and downturns, you should be leveraging everything you have and putting it into the stock market. Forget properties.
Buy low, sell high. Excellent advice.
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I'll show you exactly how to find market beating trends in the stock market if you want. But that's a different topic than real estate and it's more fun to just call bs. However there's no reason you can't look at the balance of economic probabilities and come up with what you think is the most likely direction for the real estate market. I had no idea real estate was so hot in 2005. I just bought a couple places because everyone else was. Looking back on it, the coming boom was painfully obvious. But I did know for sure I wanted out in 2014...actually 2011 but it took until '14 to get out. I think we will muddle along for a very long time or until policy makes it too difficult to buy/sell and we revert back to the cost of the wood plus the cost of government.