Random thought

来源: dcfarmer 于 2013-02-15 07:03:28 [档案] [博客] [旧帖] [给我悄悄话] 本文已被阅读：次 (2242 bytes)

本文内容已被 [ dcfarmer ] 在 2013-02-15 07:24:10 编辑过。如有问题，请报告版主或论坛管理删除.

For the last few years, real estate investment remains a very hot topic in this forum. There are couple of reasons.

First of all, some of the folks, myself being one of them, are seeing great opportunities in real estate market in some metropolitan areas. Personally, I focus on NYC and DC vincinity with spot interests in CA market. Seeing opportunities that could be considered as once in a life time, we could not resist our temptation to invest.

Secondly, with the Fed being addictive to print money, we all know that, it's hard for US currency to maintain its value and sooner or later, the inflation will hit us hard. We rather put our trust into bricks than into green paper.

Thirdly, with the corruption of WS in its full scale, we will not be foolish enough to put more money into stock market to let the sharks eat our lunch for free. therefore, we again found that, bricks are more reliable than paper.

Moreover, the cheap money and the inevitable future inflation lead us to believe that, this is a good time to leverage. As long as you believe that, the value of green paper will go down, you should borrow money with extended term since someday, the paper will worth much less.

The focus on real estate investment discussion in this forum is simply a relection of the smart people seeing opportunities in that particular market and thus, the topic is getting hot.

The current real state market in some areas are hot, but it does not represent the true US real estate market as a whole. Not until people are bragging about their huge gain and annual 20% rate return etc, the real estate market should not be considered over heated.

However by no means that you should jump into the market like a boneheaded sky diver. Good deals are hard to come by these days, but as long as you are being patient and get ready, you will always bump into a relative good deal.

Unfortunately, the day of getting rock bottom deal is over. Well, there is an old saying, when you hit rock bottom, the only way to go is up.

For those folks who have the courage to invest into bricks through the down turn, cheers!