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When do house prices bottom?

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  • #46
    Originally posted by TripletDaddy View Post
    I only buy when Venomous Viper tells me to buy. In fact, I think I might go to one of his upcoming seminars...
    Good idea. You need a bigger house when we stay with you this fall. I'd prefer a private guest bathroom, as I suspect your disdain at sink-peeing was all show.
    sigpic
    "Outlined against a blue, gray
    October sky the Four Horsemen rode again"
    Grantland Rice, 1924

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    • #47
      Originally posted by cowboy View Post
      Good idea. You need a bigger house when we stay with you this fall. I'd prefer a private guest bathroom, as I suspect your disdain at sink-peeing was all show.
      I am anti-sink peeing.

      I am pro-Cowboy SoCal vacationing.

      (I am anti-Cowboy sink peeing while SoCal vacationing, though)
      Fitter. Happier. More Productive.

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      • #48
        Originally posted by TripletDaddy View Post
        I only buy when Venomous Viper tells me to buy. In fact, I think I might go to one of his upcoming seminars...
        I haven't kept up on Venemous. Did he call the Real Estate mkt fall correctly. I can't remember. I thought he was buying.

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        • #49
          Originally posted by byu71 View Post
          I haven't kept up on Venemous. Did he call the Real Estate mkt fall correctly. I can't remember. I thought he was buying.
          He did say to keep waiting. He also posted in choppy sentences, so I was never quite sure what he was saying.

          I do know that he drove a custom golf cart, lived in a trailer, and that mikewaters set up a secret lunch with him to learn how to make mad cash off the backs of renters.
          Fitter. Happier. More Productive.

          sigpic

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          • #50
            Originally posted by TripletDaddy View Post
            He did say to keep waiting. He also posted in choppy sentences, so I was never quite sure what he was saying.

            I do know that he drove a custom golf cart, lived in a trailer, and that mikewaters set up a secret lunch with him to learn how to make mad cash off the backs of renters.
            I've agreed with most of the comments on the housing market that he has made.

            I cannot comment on his tax policies and I'm not interested in making mad money in the real estate market.

            That being said, before I bought my last house I called him and he told me to rent for a few years in Utah county. Obviously I went ahead and bought, but I'm aware that the value of our property will probably fall in the short term and I can live with that.

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            • #51
              Originally posted by byu71 View Post
              I haven't kept up on Venemous. Did he call the Real Estate mkt fall correctly. I can't remember. I thought he was buying.
              Last I heard he was buying property in Texas and somewhere like Missouri or Mississippi or some other state named after a river.

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              • #52
                Originally posted by Soccermom View Post
                Awesome charts cowboy. Aristides and I are seriously considering buying a rental property and we are in your camp of thinking that barring unforeseen economic changes, the best time to make that purchase will be a year to 18 months from now.
                I have one I'm trying to sell. Make me an offer.
                This space is available.

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