Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(
1
)
Home
|
Portfolio
|
Market Currents
|
Investing Ideas
|
Dividends & Income
|
ETFs
|
Macro View
|
ALERTS
|
PRO
Economics Fanatic
US Housing Market : An Attractive Buying Option...
http://bit.ly/LnsMCH
6/14/12
Reply
(7)
•
!
Report Abuse
View all
7
replies
DaLatin
:
FH,major citys r bulldozing 1000s of houses2 protect values from total collape.Those lots can b got CHEAPer than spit.Land banking 4 future
6/14/12
•
!
Report Abuse
Economics Fanatic
:
Yes, but i wonder who would be buying or having access to credit...It will be again the big investors who stand to benefit. right?
6/14/12
•
!
Report Abuse
DaLatin
:
Im sure u cant get land loans,but,my grandnephew bought 4 lots in Detroit 4 $3000 tot &Tax is next 2 nothing.He's gonna sit on them.Someday!
6/14/12
•
!
Report Abuse
Energysystems
:
Credit isn't hard to come by if youre credit worthy. My brother just bought a new place, both sister are house hunting, and I'm looking
6/14/12
•
!
Report Abuse
Energysystems
:
All will be long term purchases, in areas where a mortgage is cheaper than renting an apartment/townhouse. Makes sense in the long run.
6/14/12
•
!
Report Abuse
DaLatin
:
Anybody can get credit if the property value mandates loan worth it,but, vacant land lenders r almost none existent. Indymack is gone now !
6/14/12
•
!
Report Abuse
Energysystems
:
Ur talking about a tiny % of the market.
6/14/12
•
!
Report Abuse
Add a reply...
140 characters