The Real Estate Game is Doomed 1/2
Posted on February 9th, 2010 by admin
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Interview with Real Estate Investor Corey. We discuss the current market for investing in residential and commercial properties. Corey goes into detail about the recent collapse in real estate an what he expects to come in the next few years. He goes into detail how investors were hurt, even in moderately collapsed markets and how there is little upside long term in playing the real estate game.
Corey’s Strategy Moving Forward
http://www.directorslive.com/video/2724/Investor-Explains-Investment-Strategy-in-Downward-Real-Estate-Spiral
Duration : 0:8:11
[youtube J__DH4lUekU]
February 9th, 2010 at 10:03 pm
thanks for stating …
thanks for stating the obvious
February 9th, 2010 at 10:03 pm
AZ isn’t bad. Might …
AZ isn’t bad. Might actually be getting close to a bottom, but a 1.1% increase isn’t much considering how far it’s dropped.
February 9th, 2010 at 10:03 pm
It Depends, but …
It Depends, but Florida is awesome and you can buy a waterfront house with a Boat Dock (i.e., Freedom, Fun, Parties steps away) for under $100K in many parts of the state.
February 9th, 2010 at 10:03 pm
I live in PA. I …
I live in PA. I have a home paid for in PA. I want to move to FLA. I am not sure if I will sell my PA house…What do you suggest???
February 9th, 2010 at 10:03 pm
whats your take on …
whats your take on home price increase by 1.1 % in AZ?
February 9th, 2010 at 10:03 pm
why is there so …
why is there so little information about the fake gold bars china received in october 2009 ??? it was from fort knox !!!
February 9th, 2010 at 10:03 pm
But on a lighter …
But on a lighter note there is a job fair tommorrow for 300 government jobs at the shipyard an they usually hire people right out of high school an either send them to shcool or they join apprentice program .I have had 2 of my friends get hired last year an another going to the fiar tommorrow.
Peace
February 9th, 2010 at 10:03 pm
Thanks for that …
Thanks for that clarification.
February 9th, 2010 at 10:03 pm
Dont call me norman …
Dont call me norman call me chubsy upsy
February 9th, 2010 at 10:03 pm
the guest is cute.
the guest is cute.
February 9th, 2010 at 10:03 pm
the masses have …
the masses have always followed propaganda ,it why propandanda has always existed ,and it is so powerful ?The reason why so many are quick to belief the parrot press (recovery,recovery),is because money has been the driving force in the life of the majority ? so many say money does not make you happy and then spend there whole life chasing money ?the titanic is sinking .
February 9th, 2010 at 10:03 pm
re: comments on the …
re: comments on the “give away” yeah that would be great, but it would have “only” taken 14 trillion to pay every mortgage and credit card debt, student loans etc… of every american…wipe out all our debt and yet bushbama gave how many trillions to foreign banks? it’s well over 40 trillion now? or more? the banks are the slave owners and we’re their property. don’t pay your taxes? your house is gone. or you go to jail or have your wages garnished etc…you’re not free but only in your mind
February 9th, 2010 at 10:03 pm
complete give away …
complete give away by the gov’t is not going to happen. Banks wont allow this as they need to collect interest.
February 9th, 2010 at 10:03 pm
You can not Force …
You can not Force Liberty..You have to just let it happen..
February 9th, 2010 at 10:03 pm
The time to buy is …
The time to buy is when the location and labor of a particular property is undervalued. In other words could you have the same property built at that location today for that same price. If you can not it’s time to buy.
February 9th, 2010 at 10:03 pm
I’m sorry, you’re …
I’m sorry, you’re saying two things
1) Hyper inflation (where?)
2) This guy in the vid says valuations and equity will never return..
These are two VERY different things.. sorry but you are making no sense with this video.
February 9th, 2010 at 10:03 pm
mcnabj,
You are …
mcnabj,
You are right on the money. The average per capita income in Dominican Republic is six times that of pre-quake Haiti. Part of problem is French colonialism—Most French colonies ended up as basket cases. Spain’s have generally done better, and Britain’s have generally fared best of all. French colonialism was the kiss of death, combined with genetic, spiritual, cultural, & other historical factors–All combined to make Haiti a virtual failed state & enviro disaster.
February 9th, 2010 at 10:03 pm
A sign of an …
A sign of an unhealthy, over-regulated market is people not buying houses because they’ve been saving and can afford to, rather people feel they can’t afford not to, have no savings and need money. Flippers would probably never made a career out of this in a free market.
February 9th, 2010 at 10:03 pm
Next up an expert …
Next up an expert who says the government is spending too much money!!!
February 9th, 2010 at 10:03 pm
LOL
LOL
February 9th, 2010 at 10:03 pm
It seems to me, the …
It seems to me, the only thing that is going to make things better is massive inflation and the government certainly has the power to creat that. Does anybody have any thoughts on that? I would appreciate hearing from you. Thanks
February 9th, 2010 at 10:03 pm
I don’t have to get …
I don’t have to get past the first 10 sec., of these vids to know what this guy is going to say anymore.
About 3 years too late on his predictions!
The real estate market is bad? REALLY? Are you sure?
Wall street is going to lose money?
It is simple people–
Unemployment is going up?
Recessions–
1972
1983
1991
2000
2008
Not ONE of you better be surprised in 2016, or 2017 or 2018
I wonder what will happen….
February 9th, 2010 at 10:03 pm
@freemarket11
What …
@freemarket11
What happens next will depend on the people, if they are willing to fight for their freedom, they will have it.
BUT, if they want to stay on their collective and do nothing, they will get a Ruler.
We in this country have been losing our freedoms in baby steps since the 20s, but we are so far along that we could hop to fascism at this point.
February 9th, 2010 at 10:03 pm
@freemarket11
Oh …
@freemarket11
Oh yeah,
The nation fucked, we have a front row seat to one of the biggest collapses ever
Our country and probably our remaining freedoms with it will die.
All in the name of saving us
I wish they would stopped helping so much.
February 9th, 2010 at 10:03 pm
it could be worst …
it could be worst but the realitors are controling the rate of homes listed at this time. by controling supply they are keeping the prices high. you should be happy just to have a home at that point. the ones unlucky enough to be four closed on? its the end of there lives.