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  1. #11
    SemperFidelis's Avatar
    SemperFidelis is offline Fixer Upper
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    Dec 2006
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    Default

    Amen to that brother!

  2. #12
    noobdogs is offline Fixer Upper
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    Jan 2007
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    don't be hatin!!
    New To Investing? Check Us Out - www.noobdogs.com
    Join. List. Earn at www.reiXchange.com

  3. #13
    realstater0's Avatar
    realstater0 is offline Fixer Upper
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    Aug 2009
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    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.
    Real estate marketing is truly the best business today..

  4. #14
    dolivo82's Avatar
    dolivo82 is offline Renter
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    Aug 2009
    Location
    ny
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    Angry ignorant

    the comment about investors driving the market up is not really true...it was the ability of homebuyers (who probably shouldn't have been buying in the first place cause they couldn't afford it) to buy. Their buying chances increased because of the easy accessibility to money (loans from banks). Investors drive prices up but through improvements and hard work. Investors and developers are what create neighborhoods which lead to homes, jobs, and basically everything you enjoy!

    Truth is the banks were not properly regulated and were trying to keep the loan flow going and the money trickling in. When people's rates reset (variable rates or arms) or they lost their jobs and couldn't afford their mortgage payments the banks crapped out. Now it is wake up time for banks..hence, the difficulty in getting a loan these days.

    I would say the issue is that corporate America is always trying to beat "last years" earnings. Banks, in this case, needed to keep lending since this is how they make money (interest or selling their loans)...earnings always need to improve..it's nonsense..it had to crap out and it did.

  5. #15
    Dubai_Realestate's Avatar
    Dubai_Realestate is offline Fixer Upper
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    Jun 2009
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    Dubai - www.alineah.com
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    Thumbs up

    hi ,

    Dubai as effected very badly
    -------------------------------------------------
    Dubai Properties

    Dubai Real Estate

  6. #16
    Join Date
    Apr 2009
    Location
    Seattle
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    10
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    1

    Default What to say

    hmm, I really don't know what to say

  7. #17
    markgoodwin is offline Fixer Upper
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    Feb 2009
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    I have seen investors drive up prices in the international property market IE Bulgaria, Brazil, Spain where foreigners have come in and priced the locals out the market.

  8. #18
    marclwk is offline Renter
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    Aug 2009
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    this is what I think about investors... ,,|,.

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