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  • Practical Investment Ideas: Pay Attention To Yields, Rental Real Estate [View article]
    You simply do not have a clue what you are talking about. We read about the only construction going on is apartments for those that are losing their homes and every one wants to be a landlordand business will be good.

    Half of the housing in the country has been nationalized with no buyers and they are becoming fewer and fewer. Job losses I read are supposed to go up another million in 2009.
    Taxes will be raised to make up muncipality short falls. Water and sewer rates will go up for the same reason as the last.
    When things get really bad or the anticipation of really bad news the now nationalized housing will be rented and probably at a much cheaper rate than the open market because the Feds need the money - not because they really want to help anyone, butthis will drive down rents. They might even have rent controls to help house people.
    Evictions will become much harder because of the economic climate.
    You guys eally need to think about what you are saying.
    Oct 19 10:43 am |Rating: 0 0 |Link to Comment
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