Wednesday, July 17, 2013
ALL REAL ESTATE LOOKS GOOD 10 YEARS LATER
Many investments, whether bonds, stocks, mutual
funds, etc, are bought to hold and in fact become long term investment
strategies. Remember, we have been
desensitized these past 10 years from one extreme to another. First, from 2002 to 2006, the public
saw real estate as a means to get rich quick. Investment for the short term.
Sadly, many people got caught holding the bag, and lost a lot of money,
trying to make real estate something in their investment
portfolio, it was never meant to be.
Then the other extreme hit, of no one wanting properties except the
heartiest, cash flush, investor.
But if you take10 years, any 10 year period, after the great depression,
there is no time that real estate did not do well. Food for thought.
Labels:
Kasia Cordova,
Ladera Ranch Real Estate
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