Mrcauser’s Weblog

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How many houses are you going to buy this yeaqr?

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The low end in the market can be rented out if financed low enough for cash flow. After tax savings, (Obamama is going after the middle class next) a guy can make a few bucks. Maybe!

Buy older mobile homes for cash and then resell them on time will work better, I think. Easy to do. My landlord has been doing it for years.

He’s 84.

Calculated Risk: The Dearth of Move Up Buyers

From David Streitfeld at the NY Times: Home Prices Decline Again in March

In many urban areas, including those tracked by Case-Shiller, the residential real estate market is essentially cleaved in two. The top half of the market is largely stagnant, with owners unwilling to sell and buyers unable to buy. “Move-up” families seeking another bedroom or a better kitchen are an endangered species.

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Written by mrcauser

June 3, 2009 at 8:46 pm

Posted in Uncategorized

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