The risk that we face is actually if we see unexpected event to happen like another Lehman moment or China invasion, things like that.... but if things stay normal it's prudent to revisit the real estate market in 2023/2024.5-10 years from now, nobody is going to say “oh I wish I bought when rates went parabolic to 7 percent, missed out on opportunity of a lifetime”…….it will be more like this “I’m glad I waited 12-18 months to let the dust settle from the parabolic rates..I scored a great deal and refinanced a year later and now I’m sitting on massive fed induced equity”  Btw, 10 year t-bill is over 4.10 percent now today….equity markets going to finally notice? 

“I think the reality one has to face is you are paying for the content to be placed in your lap as someone else sees fit rather than having to go hunt for that value” and that is where we are at.

My post was in trying to think of ways to help those on the streets get into permanent housing and the hurdles that they face.  

So it is with a straight face I can give out applications and request holding funds and people have no problem stroking large holding checks to a mgt co vs the bad handyman. 

I have the resources where I dont have to but if a cash cow just appears in my face I can work it for awhile until it gets on my nerves. 

The issue I, and many other folks living in expensive areas, face is the fact that it would take an insane amount of down-payment money to get started.There are many ways to be successful in this game.

I just came on BP to do more research and your post hit me square in the face.

This car very well could last 20 years. probably one of the issues Tesla is going to face is the longevity of their cars and selling new ones to existing customers..

He asked me if I wanted him to move and I said, "yes".My wife and a worker could not believe how calm I was when this idiot spit in my face.

My tenants stay for years with little effort on my part, but I do pick them carefully by meeting all of them face-to-face.