I'm older than most-seen this before!!

[Rich Weese]

I've been off the board for awhile- very busy. BUYING!!! Think about this for a minute. TRILLIONS of dollars are being added to the economy, and no additional products added to absorb the dollars being created. In the late 70's-80's I was actually buying properties with 5% down OR LESS using my RE commission. Inflation was literally OVER 15% per year.
Example- 50K property with 2500 down. (47.5 loan) End of year 1 the "value" was 57.5. My 2500 had grown to 10K. Figure the return. Do it multiple times.
I don't see any way the simple supply of dollars is NOT going to create run away inflation, once people do start spending. Thats' where my bet is. Lots of properties able to be bought with little down and no qualifying on owner financing. Don't miss this run up.
DISCLAIMER--- Not all areas are created equal, so be careful. A couple current locations to do your research.
Current special issue of Fortune Mag.
www.forbes.com and then search 25 best housing markets

My primary area is projected # 1 for future appreciation next 12 months in BOTH. 3rd year in a row. You wonder why I continue to buy like crazy? Good luck to all in this market. Rich.

[Rich Weese]

You missed my point. BUY NOW!!!!!! You lock in your owner financed rates and ride the wave. STAY in and don't worry about selling. Enjoy the ride and when it comes out the other end, you can sell, trade or whatever when you want, or just enjoy the new wealth that inflation created for you. If you don't do this, then the inflation takes all your wealth away and your income is worth much less.