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SIX TRILLION DOLLARS OF EQUITY LEFT IN HOMES
Two trillion dollars of that is held by retirees, the elderly who have paid off their homes. It has proved to be a wise investment and a successful endeavor by those that stuck it out. You see buying a home and paying it off works like a tonic to all that participate in it. It is when you are tempted to do other wise is where it gets dicey BEWARE THE SERPENT Already there are serpents about trying to come up with ways to tap in to the 2 trillion that is just sitting there. This is where you must be careful and learn from our current and past mistakes. Real Estate concepts in this country hold very well unless you interfere with them. Let the doves beware of the serpents out there THE MARKET IS RESETTING For a while there, I was a little concerned about how the younger generation would be able to afford a home with prices and financing being so high. Then, the collapse kicked in (shame on certain people), and hope was now restored enabling others to once again participate. It is time to consider to buy again REAL ESTATE DUCKS ARE QUACKING Now, certain ducks ... more
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