QUOTE(Iceman74 @ Mar 21 2012, 11:53 AM)
I do agree with some of your theory.
But do bare in mind, b4 all these properties investment all hype up
for example...during old times, out of 100 transactions maybe got 5% got problem & need fire-sales
but with current situations
transaction increase 1000 & value increase as well, so if 5% turn sour, that is alot compare with old time
beside those old days, there are alot cash rich ppl & those really wanted a home
now, tell me how many are there now that are cash rich & really needed a home.
those wanted, already have.
those dun have & can't afford, sad to said, will remain un-attainable
yes.. sadly, my dun hv company like FB... which can create many new middle-upper class to absort the inventory.. But do bare in mind, b4 all these properties investment all hype up
for example...during old times, out of 100 transactions maybe got 5% got problem & need fire-sales
but with current situations
transaction increase 1000 & value increase as well, so if 5% turn sour, that is alot compare with old time
beside those old days, there are alot cash rich ppl & those really wanted a home
now, tell me how many are there now that are cash rich & really needed a home.
those wanted, already have.
those dun have & can't afford, sad to said, will remain un-attainable
Mar 21 2012, 11:05 AM

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