Updated over 7 years ago on . Most recent reply

Real Estate Investing during Dotcom Bubble
Would love to get feedback from those invested in real estate during the dotcom bubble of the late 90s and early 2000's. This was a obviously a different type of pullback compared to the more recent real estate crash, so I would love to hear any differences or similarities.
How did prices of real estate act leading up to the peak and thereafter? What challenges/opportunities, if any, did you encounter?
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In Austin there was a bit of a lull in price escalation - houses sat on the market longer but there wasn't much discounting. Affected the high dollar homes the most. Denver was hit pretty hard due to the presence of telecom - a lot of fiber companies went down the tubes. (Smart investors used the downturn as an opportunity to load up on "dark" fiber at pennies on the dollar - cash is king.)