No I'm not a chicken little. I'm just considering risk/reward in this environment, as well as the fact that alot of people on this board are probably retired and living on savings/investments. I agree there are plenty of buying opportunities out there as well.Originally Posted by Thaiquila
Thailand seems vulnerable here, but I don't see a repeat of 1997. Not generally thrilled about condo investing in Thailand but if there's enough pain going on in the condo market at some point, I'd be a buyer. Certainly something to watch.
In the US, its going to be fun watching these jokers with 30-50 year ARM mortgages try to make payments when the rate adjustment happens.
reidallas
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