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Short Explanation of Housing Market Troubles

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Old 10-19-2011, 11:20 PM
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Default Short Explanation of Housing Market Troubles

http://www.youtube.com/watch?v=FymcdIED5WA

This could be helpful for people considering buying a home now.

Ignore the (consistently wrong) advice from real estate "professionals" and commercials. Purchasing a home on borrowed money right now still remains one of the potentially most dangerous financial decisions that exists. Some markets can be worthwhile, but overall the trapped cash is far more dangerous to your future than the present liquidity.

Don't commit financial suicide for 60 seconds of hurrahs from your friends and family. Real estate is going to keep going down, down, down.
Old 10-19-2011, 11:22 PM
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Sorry, meant to post this in general.



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