Yesterday I was at a seminar. The speaker was a woman who was a real estate agent for 30 years, and is now a motivational speaker and trainer for real estate professionals. Her name is Daniel Kennedy. I found her seminar very interesting, with lots of great ideas and tips. Diversification in our commentary with people is the key to setting ourselves apart from everyone else.
Anyway, the point of this is this. With all of the fear and panic in the streets about the state of the real estate market, she had some interesting quotes to share. I can't remember them verbatim, but the to paraphrase; very well known and highly respected publications, such as TWSJ, Money Magazine, TNYT, TLAT, at various points in history were quoted to have said that real estate was not the place to invest your money for the long term. I believe the last quote was from 1989 and it indicated that we would never see souring land values in our life time.
Kinda makes you wonder how much of what your hear or read is actually fact or just another persons interpretation of current events and they have to print something before deadline.
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