investors suck

[yasudab]

investors suck for driving the real estate market up so other people can't afford to buy their own places to live. I am glad the real estate market is going down. Hopefully it will continue to go down and investors will lose their money. Greedy investors make it difficult for regular folks because of their fangs for the almight dollar. Here's is hoping that the market goes down alot more. They should not be allowed to become wealthy at the expense of others. Keep going down prices!

[Shaul Financial]

You should realize that investors played a very small part in the escalation of real estate prices. Interest rates fell, houses started to move, demand exceeded supply and prices went up. Yes, some savvy "investors" made profits, but in reality they made up a small percentage overall. Let's not forget the general public and the desire to sell, move up to a nicer/larger home that in reality, encompassed the whole spectrum.

So please, study your basic economics (suggest Simmons 101) and then re-think your position. If you are not in a financial position to buy just yet, maybe if you employ the wise financial tactics that many of us in here have, you'll be a home owner in the near future. Until then, look into the mirror and figure out what you did to exclude yourself from home ownership or the possibility of an upgrade.

[realprospect]

Bravo Shaul!

It never fails... people always look to blame someone else for their misfortune... rather then themselves for not taking action to improve their situation.

There has been a lot of speculative activity in the recent years, but as Shaul stated... supply and demand always dictate price. Just look at the rediculous prices that people are getting for the latest Playstations and Elmo dolls!

yasudab: Rather then sitting around feeling bitter about how you were robbed of something by the evil real estate investors... perhaps you can spend some time reading these forums to learn how you can use some simple strategies to find a deal or two of your own. Its all a matter of how you spend your time.... and posting hate messages on forums doesnt seem like it will help your situation any!

[sarahk]

I saw this heading in my digest and thought it would be from a realtor not a homebuyer. Why?

Because investors spend alot of time looking at houses before they buy, they don't buy on emotion (which is easy to manipulate) but on hard figures and realtors don't like that.

Investors like to buy at 80% of the market rate, or any % below really. They want deals. They want to get a good yield and have no time for over priced property.

Homebuyers have nothing to fear from investors.

[SemperFidelis]

Hmm Nice first post, I guess. I'm an investor. Faithful husband and father of five. Just able to pay the bills and live a middle, middle class life style. Are you suggesting I'm greedy? :confused:

investors suck for driving the real estate market up so other people can't afford to buy their own places to live. I am glad the real estate market is going down. Hopefully it will continue to go down and investors will lose their money. Greedy investors make it difficult for regular folks because of their fangs for the almight dollar. Here's is hoping that the market goes down alot more. They should not be allowed to become wealthy at the expense of others. Keep going down prices!

[Cash Home Buyers _ com]

I am glad the real estate market is going down. Hopefully it will continue to go down and investors will lose their money.

Yes, and if you knew anything about economics, you would also know that us greedy investors actually get richer in the downturns, it is the homeowner and novice investor that get burned in the downturn.

So I am thankful for downturns.

And as far as the reason why real estate is too expensive for the average guy, the #1 reason is because of people like you that put restrictions on people looking to make money, you know those evil developers just want to build houses for people to live in, how dare they.

You see it is in places where the governments place restrictions on growth that you have enormous prices, the best example is San Francisco, the bastion of liberals "protecting" themselves from evil developers. Why we want to keep the character of the landscape so you better not build anything else for someone to live in, or if you do we will make it next to impossible, and extremely expensive. So supply and demand take over and there becomes a shortage of housing, so only the "rich" can buy a house in those areas. Funny how it works, that those who profess to look out for the little guy actually harms him the most.

Also it is guys like you that increase building codes every year, make it more difficult to build, etc etc, that artificially increases appreciation so that landlords get more and more equity and profit. So for that, I thank you.


Money Grubber Scott

[SemperFidelis]

Amen. Couldn't have said it any better. As a matter of fact, here in the Tri Cities (our area), building permits for multi-family housing are down, foreclosures are up, interest rates climbing (although slight), and the big box stores are moving in. All signs for us "greedy investors" to buy! :D

Yes, and if you knew anything about economics, you would also know that us greedy investors actually get richer in the downturns, it is the homeowner and novice investor that get burned in the downturn.

So I am thankful for downturns.

And as far as the reason why real estate is too expensive for the average guy, the #1 reason is because of people like you that put restrictions on people looking to make money, you know those evil developers just want to build houses for people to live in, how dare they.

You see it is in places where the governments place restrictions on growth that you have enormous prices, the best example is San Francisco, the bastion of liberals "protecting" themselves from evil developers. Why we want to keep the character of the landscape so you better not build anything else for someone to live in, or if you do we will make it next to impossible, and extremely expensive. So supply and demand take over and there becomes a shortage of housing, so only the "rich" can buy a house in those areas. Funny how it works, that those who profess to look out for the little guy actually harms him the most.

Also it is guys like you that increase building codes every year, make it more difficult to build, etc etc, that artificially increases appreciation so that landlords get more and more equity and profit. So for that, I thank you.


Money Grubber Scott

[TJ2007]

I am completely speechless at this post!!!! WOW....

[SemperFidelis]

What makes you speechless?

[TJ2007]

the original post, not yours =)

without being confrontational I would just say that instead of wasting my time complaining I would work harder and invest and then I shouldn't have a problem getting in the game...

[SemperFidelis]

Amen to that brother! :D

[noobdogs]

don't be hatin!! :)