Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Real Estate News & Current Events
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 17 years ago on . Most recent reply

User Stats

566
Posts
356
Votes
Ralph S.
  • Real Estate Investor
  • Sacramento, CA
356
Votes |
566
Posts

Call the Bottom!

Ralph S.
  • Real Estate Investor
  • Sacramento, CA
Posted

When do you think the bottom will happen? While nobody can accurately predict either top or bottom (it took the Govt a year to declare a recession), everyone still has to plan for the future and you know what they say about opinions.

Third quarter, 2010. We won't know until Q2 2011.

One party rule, and the Dems approach of tax & spend, we haven't even begun to see the the consequences of the devaluation of the dollar and high unemployment and inflation that took place during the 70's. Uncontrolled pork barrel spending on top of massive bailouts and a socialist move to entitlements. We're robbing Peter to pay Paul, and before we bottom out, we'll be suffering the consequences of robbing Paul.

So, your opinion? Everybody's got one.

Loading replies...