Re: Real Estate Article (low content)
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jaydub,
Go ahead and be rude if you'd like, just make sure you explain everything in layman's.
dcifr,
Maybe I'll re-read it. I remember reading the article when I was tired. I know absolutely nothing about real estate, sorry. I guess I'm a moron.
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In layman's terms, RE is crapping the bed. Even the numbers provided by those with a vested interest are ugly. Homebuilders are slashing prices while homeowners watch paper money burn. It may be spreading to non RE which is what is the most interesting question. Do we hit a depression? Recession has been conceded.
This is relevant to major cities excepting NYC's bizarro-verse. I could give two [censored] about any further posters experiences in bum [censored] iowa or some random college town.
I cut down the snarky but will say, if you do not understand the article make zero RE moves in the next few years.
J
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lol, someone likes to pretend they know more than they really do
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Umm, guessing from the undertitle does someone have a deeply vested financial interest? Care to provide any content or are you smugly satisfied with derision?
Soss,
Levelling with the book cover?
J
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