[Rational Thought]

I guess if you had the risk capital and could afford to hold for 10 to 20 years, there might be some money to be made.

I’ve made the point before that unless borrowers are able to finance, the housing market won’t find it’s bottom until buyers can afford to purchase with cash.

[OregonRancher]

housing cost 2-2.5 times yearly income. case closed.

[RipSawyer]

“I’ve made the point before that unless borrowers are able to finance, the housing market won’t find it’s bottom until buyers can afford to purchase with cash.”
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If we drop down to cash prices houses will be VERY cheap!

[Mr. K]

you are exactly right - if you buy now you will be a very rich man in 20 years