01-06-2009, 04:25 AM
quote:
Originally posted by John S. Rabi
Bubble?! Bubble my butt! You can still put a house on that $65K lot, sell it and walk away with profit. That $10K investment eight years ago is worth four times as much now. Not a bad ROI.
Yeah but it was worth eight times as much just a couple of years ago. What if you bought that same lot then and tried to sell it now? To those that did buy back then, the bubble is very real.