Looking forward to the next year and as the old Irish saying goes: "..may the road rise up to meet you" as you pursue your opportunities!

As a former teacher, I've seen how bad things have become in the past decade, and it isn't going to get better any time soon.What's worse is that popular culture is embracing the misuse of words and the media propagates it as well.Its the dumbing down of American Society, and it is happening in front of our very eyes.

I hope that you can contribute some none salesy type information about investing in internation markets in the appropriate forums her on Bigger Pockets.I am sure you will understand the culture and mantra of this board soon enough.

Anyone with a good knowledge of History (especially Cultural Anthropology) will be able to predict future patterns of human behavior based upon past human behavior.

And as a further side note, for a 3/1 sfr in Florida to be listed at 77,900, it's in an area that's a lot closer in culture to Ohio than you would ever think.Tim

According to answers so far this seems to be falling in the "bad debt" category.We accept debt in our culture to the point of excess and most is really bad debt, but if you have a car loan, that's a depreciating asset.

They could pay the rent with money they earned selling phone calls to Europe and South America for half price.An additional plus for you: the opportunity to learn about different cultures as every immigrant in your city would be at your house a couple of times a week, calling home.

Our yields in cities vary approx 2-4%, so I'm trying to come to terms with some cultural differences regarding home ownership.In a recent discussion on an Aussie property forum regarding forecast flat or falling property values, many local investors put the view that there is a natural floor on values caused by the rent/buy decisions of current tenants.

For instance, if choose UAE as desired destination for our overseas property investment, then what market facts we have that either move forward or backward with investing intentions. 1.Property market in the UAE is witnessing continuous growth. 2.Lot of local, regional and international investors intensifying current property market. 3.Government guarantee and security for property buying 4.Influx of development projects with new & exciting architectural designs 5.Controlled law n order situation 6.Economical & Politically stabled region 7.Multi Cultural Society 8.Middle East Business & Tourism hub When you found all these in one place and also you understand which category of buyer you represent, you will find searching of your property much easier and afterward in investment.

Aside from the legalities as well as surrounding construction (which are very important), make sure that the condo culture suits you.