Quote:
Originally Posted by housejunk
Yeah, I guess you're right there. I suppose I just get sick of people coming to me and raving (let's call it what it is...bragging) about how much their home has gone up in value when in my mind (as a single home owner) I don't see how much it benefits us. Don't get me wrong, I'm glad my home is valued what it is, but unless you got into the market early, or own a few places that you can flip without losing your primary residence, I don't see what's so great about it.
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You just answered your own question. Rather than complaining about the strongest economy this country has ever seen in its entire history, take advantage of it. Take some equity out of the house, invest it in some other real estate, and profit from it. It's not like this kind of economy or opportunity comes along very often. There's tons of people who will give you a 50% stake in real estate and you have to do nothing other than invest your cash.
Because the crash you hope for isn't coming, not for a good while at least.