Originally Posted by
Shrewd Crude
A few weeks back I got very lucky...
My cousins flatmate is a mortgage broker and I found out all the answers to my questions in just 10 minutes...
I know just how to get a mortgagee sale, where to get one, and what I have to do to get one...
Mortgagee sales maybe one exception to the rule as we go forward over the next few years...
SO I will give alittle back to the bulls for pulling this one out of the bag...
I have much respect for my business men and woman on this thread who continue to remain bullish on housing.... over the next 15 years I only see the baby boomer issue as the underlying issue to how the housing market and in particular how the stockmarket will perform...
I suspect foreign ownership will drive this market...
I am extremely bearish on the long term prospects of the stockmarket because of baby boomers and my time is running out for investment...
....
I personally will remove all the risk of current small windowed opportunities in the housing market (bargain buying) by holding out....I will chance my hand at much better deals as the next few years roll on.... Im flush with cash, and I can raise substantial amounts of cash without the need of my friend Mackdunk...:D
I apologise for not being able to answer all questions...
This thread is just chokka full of comments and needed replys...
comments are welcome...
:cool:
.^sc