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Real Estate
Reply to "Federal Reserve: signs abound that housing market is entering bubble territory"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][i] [b]And unless you overbought in a weak market[/b], it won’t take 10-20 years to regain loss. [/i] Yes, there are pockets of real estate that suck. Don’t ever buy there. Or at least don’t buy at peak there. Undesirable areas/properties are always the first to fall and the last to recover. And they aren’t representative of the overall market. [/quote] Got it don't buy the top. Such an easy strategy! [/quote] It’s not rocket science. Hint: don’t buy in Florida right now. [/quote] There’s good evidence that the FL market is overheated, but most of FL was cheap to begin with and has seen significant population increases. DC is losing population. Which one is more over valued? [/quote]
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