Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate News & Current Events
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 16 years ago,

User Stats

566
Posts
355
Votes
Ralph S.
  • Real Estate Investor
  • Sacramento, CA
355
Votes |
566
Posts

Call the Bottom!

Ralph S.
  • Real Estate Investor
  • Sacramento, CA
Posted

When do you think the bottom will happen? While nobody can accurately predict either top or bottom (it took the Govt a year to declare a recession), everyone still has to plan for the future and you know what they say about opinions.

Third quarter, 2010. We won't know until Q2 2011.

One party rule, and the Dems approach of tax & spend, we haven't even begun to see the the consequences of the devaluation of the dollar and high unemployment and inflation that took place during the 70's. Uncontrolled pork barrel spending on top of massive bailouts and a socialist move to entitlements. We're robbing Peter to pay Paul, and before we bottom out, we'll be suffering the consequences of robbing Paul.

So, your opinion? Everybody's got one.

Loading replies...