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All Forum Posts by: Andrew Nieto

Andrew Nieto has started 1 posts and replied 5 times.

@Theresa Harris you’re right.

@Michael Carbonare you’re right. Thanks.

@Michael Carbonare that is exactly why Im hesitant. Im an investor and I know every time something has a huge run up it tends to slow down for some time after. People waiting for a crash in the past really didn’t have any real concrete evidence to support it. This is a different situation. People literally cannot lose their homes right now.

@Taylor L. Thank you for responding. Im just looking at the asset classes right now and housing is obviously at the top. I know it doesn’t exactly work the same as stocks where you buy low sell high, but does my thinking make sense when it comes to houses being recycled again?

Hello everyone! I recently moved up to Allentown, PA for a new job, and am able to start fresh without having to worry about paying rent due to a family member letting me stay at their property. Obviously this is not a long term plan to stay at said family members place forever, but I have time to be strategic about my next move. I would like to invest in a duplex in the area to start out, but with the shortage of properties and the high cost I'm wondering if it would be wise to just wait for the government moratorium/assistance to kind of die down. Let me know your ideas on this. I feel as if the natural order of houses being recycled on the market has been completely ruined and that there may be a future house dump.