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SVTPerformance's Chain of Restaurants
Road Side Pub
Modular/Prebfab Homes
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<blockquote data-quote="Blown 89" data-source="post: 16098660" data-attributes="member: 45161"><p>I don't but I realize that if I sell my primary residence I still need a residence in the same inflated market. Hey, great, my $300k house is now worth a million....well so is your neighbor and unless you're willing to either rent until the next crash or significantly downgrade your primary living situation you're not really seeing cash flow. That's not to say it can't be but the fact that you still need a place to live kills most people's argument that it's a financial investment for them. It's an investment in your future for sure but it's not a financial investment that's generating cash flow unless you either play the market or have a secondary generating cash flow which, let's face it, 99.9% of the people saying it's a financial investment aren't doing. But hey, let's repeat the same arguments from 2007.</p></blockquote><p></p>
[QUOTE="Blown 89, post: 16098660, member: 45161"] I don't but I realize that if I sell my primary residence I still need a residence in the same inflated market. Hey, great, my $300k house is now worth a million....well so is your neighbor and unless you're willing to either rent until the next crash or significantly downgrade your primary living situation you're not really seeing cash flow. That's not to say it can't be but the fact that you still need a place to live kills most people's argument that it's a financial investment for them. It's an investment in your future for sure but it's not a financial investment that's generating cash flow unless you either play the market or have a secondary generating cash flow which, let's face it, 99.9% of the people saying it's a financial investment aren't doing. But hey, let's repeat the same arguments from 2007. [/QUOTE]
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SVTPerformance's Chain of Restaurants
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