Quote:
Originally Posted by Bill Brasky
Is this thread only for stocks? I just learned I’m getting ridiculous commission this year and the wife and I are looking at real estate. I’m thinking a 2 bed 1.75 bath condo and classifying it as a second home.
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You didn't mention a location, but "here" the housing market has been insane. It was riding an obvious bubble that has only slowed down in the last few weeks. I don't know how it can remain where it is for very long.
On the other hand, rental rates are just as insane. People are paying rent levels well above what it'd cost to buy. It appears things could get interesting in the next few weeks to months in that area as well though, so who knows.