I wish the media would get on the same page regarding the current real estate cycle. It appears there are two distinct sides right now.
In the right corner, people who believe prices are as low as they can buy now and prepare to be the next Donald Trump as the ever-increasing values make them millionaires, practically overnight.
In the left corner, people who believe we have not seen the bottom of a never-ending spiral back to the time when we left caves, hunted for grubs, and prepared for nightfall since we did not have electricity.
It seems that both camps have divided and agreed on which days their views and opinions will be represented in the media. Values going up (odd days); values going down (even days).
The fact is that no one has a clue where we are going, but amazingly, many people still don’t know how we got to this point. I take it they didn’t read my earlier post, Economy Greed or Stupidity, or they are just in denial.
In the end it will play out however it does, and hopefully, we have learned from it. We need to continue to make this country as self-sufficient (and educated) as we can; the rest will take care of itself.
Prediction from The Slow Bleed? We won’t see a solid direction until six months after the election — The Obama vs. Hillary show is still the latest big thing to hit the media since the anniversary of Pop Rocks.
Fine, I suppose this is where you look for some witty insights to my mind. A "bio" of sorts. Here is the deal... I ride motorcycles, smoke cigars, golf, kayak, fly, race my car through the mountains, write (a lot), and travel extensively. I am almost old enough not to care what other people think about me...almost. ~Godfadr
May actually be better to rent the next couple years and wait it out. California did not get hit as hard as other places but bad enough.