Join Early Retirement Today
Thread Tools Search this Thread Display Modes
More homeowners are selling...
Old 06-17-2005, 02:01 PM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
More homeowners are selling...

Interesting...realtors are seeing a higher rate of people dumping their appreciated homes and either renting or taking the cash and moving to cheaper parts of the country.

Could drive up some rents in disparate areas, or drive up housing costs in those 'cheaper parts'. Thats what happened here in sacramento...lots of SF bay area homeowners selling their million dollar dog houses and buying $300-400k mcmansions that are now worth a million as well...

You folks in texas might want to start breeding more scorpions and rattlesnakes to sprinkle around the airports and major highways to warn people off

Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: More homeowners are selling...
Old 06-17-2005, 03:50 PM   #2
Thinks s/he gets paid by the post
Jay_Gatsby's Avatar
Join Date: Oct 2004
Posts: 1,719
Re: More homeowners are selling...

I saw that article as well. Unfortunately, people are more attached to their homes than they are to a stock on they've made x2 or x3 their money. Then again, there were quite a few greedy people back in the dot-com days that just kept holding on to their "winners". :
He had one of those rare smiles with a quality of eternal reassurance in it . . . It faced, or seemed to face, the whole external world for an instant and then concentrated on you with an irresistible prejudice in your favor. -- The Great Gatsby, F. Scott Fitzgerald
Jay_Gatsby is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
special tax rules for military selling primary residence? WM FIRE and Money 8 05-23-2009 09:52 AM
Homeowners Insurance WanderALot Other topics 8 04-10-2007 12:11 PM
Selling a implications? dougdo FIRE and Money 4 02-16-2007 06:03 PM
Selling my house part 2 MJ FIRE and Money 68 01-10-2006 09:34 AM
Selling a house Brat FIRE and Money 61 09-27-2005 04:49 PM


All times are GMT -6. The time now is 10:36 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.