Quote:
Originally Posted by heyjude
With the increasing unemployment I don't think this will happen very soon. People lose their jobs on daily basis, companies have a hire freeze and no increase in the salaries is seen in the near future. So I think you are very very wrong. People don't even go on vacations ... and you are talking about buying homes....
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By the end of the year the job losses will be down significantly and the economy will be on its way up. I think many people will miss the boat, by not buying real estate now at these low prices, considering low interest rates as well.