real estate crash: Will It Happen Again? By Bill Roberts
- 07/16/19 12:04 PM
Will it happen again, or should I say, “Will they do it again?” It worked out so well, so, of course they will do it again. What am I talking about? Just one of the greatest transfers of wealth in our history. And that is what the real estate crash of ’07-’08 was. When all was said and done millions of people lost everything and a few Wall Street types ended up with it. If you did something that gave you huge returns beyond imagination, wouldn’t you do it again if you could? Of course! And if nobody “knew” what you did, it would be easy to … (32 comments)
real estate crash: Be Careful What You Wish For by Bill Roberts
- 12/16/15 03:23 AM
Be Careful What You Wish For Today the Federal Reserve Board Open Market Committee (FMOC) raised rates one-quarter point for the Fed over-night funds rate. Just what does this mean? Well, Robert Shiller, the Yale economist who forecasts real estate markets and trends has said that real estate has probably "topped out" and may even slide back a little bit. So what other things are going to be affected by this rate change? Well, for one thing the rest of the world now has more incentive to move their money here. So what, you say? The stock market just might take off, but the companies … (24 comments)
real estate crash: Skin In The Game? by Bill Roberts
- 08/27/15 02:41 AM
Skin In The Game? What does this expression mean? It means that if you want to play the game, you need to pony up some of your own money. They've used this expression to ridicule home buyers that don't have a down payment and maybe don't even have closing costs. They are nothing but a bunch of Dead Beats. They surely don't deserve to buy a house. Come back when you have the CASH. Well, this is what they say. They also say this caused the Real Estate Crash of '08. GINNIE MAE But let us look at some of the facts. One hundred percent mortgages (you know, the ones these Dead Beats use) … (54 comments)
real estate crash: Are You Worthy? by Bill Roberts
- 07/22/15 02:00 AM
Are You Worthy? They say that the Crash of '08 was caused by too many people who didn't deserve to buy a house were buying houses. How could this be? Something was out of kilter. Letting all these UNDESERVEDS buy a house. Shameful. But we all paid the price for this transgression. The Real Estate Bubble popped, The Real Estate Bubble popped, The Real Estate Market Crashed.'It was our fault for selling houses to the unworthy And to make it worse, many of us were reciting that the problem was of our doing. We sold houses to those that didn't deserve to own their own home. It didn't matter that they wanted … (20 comments)
Everything that the "Baby Boomer" needs to make sound financial decisions regarding real estate investing and retirement planning. Business Opportunities, self-directed IRA retirement plans, and mortgage strategies.
Will it happen again, or should I say, “Will they do it again?”
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