Comments on: Housing Doom has Arrived! Prepare to Protect Yourself instead of being a Victim of the Financial Crisis. http://www.biggerpockets.com/renewsblog/2007/08/13/housing-doom-has-arrived-prepare-to-protect-yourself-instead-of-being-a-victim-of-the-financial-crisis/ Learn, Network, Invest Mon, 23 Nov 2009 07:23:11 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Colorado Home Guy http://www.biggerpockets.com/renewsblog/2007/08/13/housing-doom-has-arrived-prepare-to-protect-yourself-instead-of-being-a-victim-of-the-financial-crisis/comment-page-1/#comment-52958 Colorado Home Guy Fri, 14 Dec 2007 20:20:07 +0000 http://www.biggerpockets.com/renewsblog/2007/08/13/housing-doom-has-arrived-prepare-to-protect-yourself-instead-of-being-a-victim-of-the-financial-crisis/#comment-52958 Joshua- Being that i am responding to this post several months late. What are your thoughts on the government stepping? Do you think is the start of the market turing around or do you think that there is still more to come Joshua-
Being that i am responding to this post several months late. What are your thoughts on the government stepping? Do you think is the start of the market turing around or do you think that there is still more to come

]]> By: NYC Suburbia http://www.biggerpockets.com/renewsblog/2007/08/13/housing-doom-has-arrived-prepare-to-protect-yourself-instead-of-being-a-victim-of-the-financial-crisis/comment-page-1/#comment-50951 NYC Suburbia Sat, 25 Aug 2007 03:57:26 +0000 http://www.biggerpockets.com/renewsblog/2007/08/13/housing-doom-has-arrived-prepare-to-protect-yourself-instead-of-being-a-victim-of-the-financial-crisis/#comment-50951 Things are looking up around here. With strong stable appreciation rates of 5-10% over the last few years the markets still pretty healthy. Only the idiots who can't do a simple projection of payments/budgeting are stuck. Unfortunately no one can get their hands on money to buy anything because of the runup on prices out on the west coast where all of the capital has been sucked up into illiquid houses. Note just because something's selling for 60 cents on the dollar doesn't necessarily make it a good deal, because the in past someone probably paid a buck thirty five for something that should have cost a dollar based on rents. Things are looking up around here. With strong stable appreciation rates of 5-10% over the last few years the markets still pretty healthy. Only the idiots who can’t do a simple projection of payments/budgeting are stuck. Unfortunately no one can get their hands on money to buy anything because of the runup on prices out on the west coast where all of the capital has been sucked up into illiquid houses. Note just because something’s selling for 60 cents on the dollar doesn’t necessarily make it a good deal, because the in past someone probably paid a buck thirty five for something that should have cost a dollar based on rents.

]]> By: Soho Property http://www.biggerpockets.com/renewsblog/2007/08/13/housing-doom-has-arrived-prepare-to-protect-yourself-instead-of-being-a-victim-of-the-financial-crisis/comment-page-1/#comment-50931 Soho Property Wed, 22 Aug 2007 14:38:23 +0000 http://www.biggerpockets.com/renewsblog/2007/08/13/housing-doom-has-arrived-prepare-to-protect-yourself-instead-of-being-a-victim-of-the-financial-crisis/#comment-50931 Yes, the housing doom has arrived and everybody will have to deal with the consequences. For some it is really going to be the time to buy and grab bargains that otherwise would not be there. Unfortunately for others the loss of money will be inevitable and will bring many people one step beyond the border, into insolvency and bankruptcy. The sub prime market is the symptom of an unhealthy state and only a stricter regulation will bring some improvement and pave the way back to stability. Yes, the housing doom has arrived and everybody will have to deal with the consequences. For some it is really going to be the time to buy and grab bargains that otherwise would not be there. Unfortunately for others the loss of money will be inevitable and will bring many people one step beyond the border, into insolvency and bankruptcy.
The sub prime market is the symptom of an unhealthy state and only a stricter regulation will bring some improvement and pave the way back to stability.

]]> By: Hard money http://www.biggerpockets.com/renewsblog/2007/08/13/housing-doom-has-arrived-prepare-to-protect-yourself-instead-of-being-a-victim-of-the-financial-crisis/comment-page-1/#comment-50918 Hard money Wed, 22 Aug 2007 06:59:20 +0000 http://www.biggerpockets.com/renewsblog/2007/08/13/housing-doom-has-arrived-prepare-to-protect-yourself-instead-of-being-a-victim-of-the-financial-crisis/#comment-50918 Here in Las Vegas the court house step investors are getting stuff for 50 - 70 cents on the dollar. My insiders in Chicago tell me their foreclosure market is down to 40-60 cents on the dollar! Those are serious discounts. In three years we'll all be looking back talking about the great buying opportunities we may have missed... ;) Here in Las Vegas the court house step investors are getting stuff for 50 – 70 cents on the dollar. My insiders in Chicago tell me their foreclosure market is down to 40-60 cents on the dollar! Those are serious discounts. In three years we’ll all be looking back talking about the great buying opportunities we may have missed… ;)

]]> By: Tom Paine http://www.biggerpockets.com/renewsblog/2007/08/13/housing-doom-has-arrived-prepare-to-protect-yourself-instead-of-being-a-victim-of-the-financial-crisis/comment-page-1/#comment-50861 Tom Paine Fri, 17 Aug 2007 11:18:55 +0000 http://www.biggerpockets.com/renewsblog/2007/08/13/housing-doom-has-arrived-prepare-to-protect-yourself-instead-of-being-a-victim-of-the-financial-crisis/#comment-50861 Hi, This is a good post. It gives me the information I was in search of. I have a small query - I don’t have any spam pages or websites. Still I am encountered with messages like “possible spam”, “Spam”, and so. Do you have any idea why it’s such? Thanks. Hi,
This is a good post. It gives me the information I was in search of.

I have a small query – I don’t have any spam pages or websites. Still I am encountered with messages like “possible spam”, “Spam”, and so.

Do you have any idea why it’s such?

Thanks.

]]> By: Jason Fox http://www.biggerpockets.com/renewsblog/2007/08/13/housing-doom-has-arrived-prepare-to-protect-yourself-instead-of-being-a-victim-of-the-financial-crisis/comment-page-1/#comment-50849 Jason Fox Wed, 15 Aug 2007 06:49:30 +0000 http://www.biggerpockets.com/renewsblog/2007/08/13/housing-doom-has-arrived-prepare-to-protect-yourself-instead-of-being-a-victim-of-the-financial-crisis/#comment-50849 Not good at all. Bring on the facts please. Not good at all. Bring on the facts please.

]]> By: Ken http://www.biggerpockets.com/renewsblog/2007/08/13/housing-doom-has-arrived-prepare-to-protect-yourself-instead-of-being-a-victim-of-the-financial-crisis/comment-page-1/#comment-50842 Ken Tue, 14 Aug 2007 19:58:28 +0000 http://www.biggerpockets.com/renewsblog/2007/08/13/housing-doom-has-arrived-prepare-to-protect-yourself-instead-of-being-a-victim-of-the-financial-crisis/#comment-50842 Looking forward to hear you want to say about this market. Looking forward to hear you want to say about this market.

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