election: McCain V Obama...what about real estate? - 10/22/08 01:58 AM
We're almost to election time...and I'm about to share a very dear secret about who gets elected and how that affects the housing market and the rest of the economy in general...
I don't think it matters!
Yep, you've heard me correctly. I've been in the real estate market for many years now, and in both 2000 and 2004 I got stuck with some investment properties that I couldn't sell.
My mom said "don't buy houses in election years...the economy is always worse because people don't buy things until they know who's elected" and I said..."Phooey!" and bought houses anyways, and … (1 comments)