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Comments about this Video
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I think I got it:
- You shouldn't be a buyer
- If you're a seller, you're effed
- Get out of the stock market
- Move to gold and foreign currency
CASH IS KING!!!
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I think I got it:
- You shouldn't be a buyer
- If you're a seller, you're effed
- Get out of the stock market
- Move to gold and foreign currency
CASH IS KING!!!
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BE SMART DONT BUY NOW.If you buy now, you will find a house like the one you bought for $100K or more less than what you paid. You effectively will be catching a falling knife and become instantly underwater on your mortgage! Imagine going to the bank and asking, "I'd like to open an account for minus (-)$100K". After years of deposits adding up to $100K you will have $0 in the account. Silly isn't it? Well that is exactly what you will be doing if you bought a house right now.
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BE SMART DONT BUY NOW.If you buy now, you will find a house like the one you bought for $100K or more less than what you paid. You effectively will be catching a falling knife and become instantly underwater on your mortgage! Imagine going to the bank and asking, "I'd like to open an account for minus (-)$100K". After years of deposits adding up to $100K you will have $0 in the account. Silly isn't it? Well that is exactly what you will be doing if you bought a house right now.
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BE SMART DONT BUY NOW.If you buy now, you will find a house like the one you bought for $100K or more less than what you paid. You effectively will be catching a falling knife and become instantly underwater on your mortgage! Imagine going to the bank and asking, "I'd like to open an account for minus (-)$100K". After years of deposits adding up to $100K you will have $0 in the account. Silly isn't it? Well that is exactly what you will be doing if you bought a house right now.
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BE SMART DONT BUY NOW.If you buy now, you will find a house like the one you bought for $100K or more less than what you paid. You effectively will be catching a falling knife and become instantly underwater on your mortgage! Imagine going to the bank and asking, "I'd like to open an account for minus (-)$100K". After years of deposits adding up to $100K you will have $0 in the account. Silly isn't it? Well that is exactly what you will be doing if you bought a house right now.
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Real estate market since 2000: complete insanity.
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Real estate market since 2000: complete insanity.
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rougly sound until the end. author said it could be 2 or 3 years before "RE takes off again." Did the nasdaq take off again after the tech bubble? Has japan's RE market recovered yet from its bubble? RE will likely be flat for many many years.
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rougly sound until the end. author said it could be 2 or 3 years before "RE takes off again." Did the nasdaq take off again after the tech bubble? Has japan's RE market recovered yet from its bubble? RE will likely be flat for many many years.
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too many gamin asses oh the masses of asses!LOL
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