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Old 03-26-2009, 02:28 PM
bullish bullish is offline
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Join Date: Jul 2008
Posts: 155

Originally Posted by heyjude View Post
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....
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.
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