This can be dramatic when you get into areas that yield very low rents per sq ft.

think of it on a larger scale.motorola - for example - if they refinance their corp headquarters to draw out capital for a project or just to boost up their cash accessibility, or for whatever reason - they're tapping into one of their many assets, converting equity into cash by taking out a loan (liability) in order to somehow grow their business.the corporation does this - not any one individual.

My point is that unless you have extensive experience, huge pockets, and balls that hang to the floor, now is not the time to jump in there.I find it amusing that every little scamper downtown is broadcast across the community like downtown is dramatically metamorphising.

Found a great article and had to share:

http://www.realestatejournal.com/buysell/markettrends/20070315-hagerty.html

Regards,

Scott Miller

However, this dramatic step is coupled with a dramatic reward: lenders can claim additional benefits if they can show they’ve followed all suggested procedures.

Bottom line though, I think we will all feel it in one way or another.In my market new construction inventory has increased dramatically over the last 6 months.

Here's a big one do they call the cops every time they get a useless "Just Sold" postcard from a real estate agent, those things have absolutely no value and are only ego boosts for the agents to troll for leads.While I agree with Paul's point about being right doesn't always mean you win, I would have asked how sending someone a generic letter is any different than any of that other stuff?

it just doesn't makes sense unless they're doing this rental thing as a short-term (3-5 years) gig.and we also know, they are dumping 20% of their inventory on the west coast where last year's appreciation was phenomenal.quite a few of their homes are near where I live...the taxes alone are $9k a year. the rents are anywhere from $1700-$2k.none of this makes sense...so my only reasoning is, they're trying to boost the appreciation by further tightening inventory.CNBC doesn't comment this might be happening when they broadcasted it. am I off base here or are they actually helping the recovery?

You can keep the knowledge about the current place to yourself as a form of dramatic irony lol.

It will increase your financial IQ dramatically and give you a good foundation on why some are rich and most are not.Play to the kings.