Should we fear a re crash?

[Sami Gren]

Hi.

I  have multi family properties in the NEWARK NJ area,  and am constantly looking and buying more and more stuff.

I buy properties not in the greatest  areas, obviously because it generates a better return.

BUT.... I just had a discussion with a friend of mine, and he heard I own in that area, he was like "Sell it now before you'll lose everything", he claims he's had properties in the essex county towns, and by the 2008 recession, the priced dropped from 350k to 30k, the houses went foreclosure and and got abandoned, gangs broke in, people with kids moved out........

now he scared me big time.... if the real estste crash will come again and all experts say in one way or another  it will.....

AM I REALLY throwing my money in the garbage by investing in these neighborhoods????

[Russell Brazil]

The market bottomed out in 1933, then again in 2010, 77 years apart. That makes the next one due around 2087.