Who is not a speculator?"

I am not speculating; I am an expert on " All that is Cleveland" and an expert on ALL the govt programs. 

Reagan’s 1981 tax cut created a real estate speculation frenzy that the 1986 Tax Reform measure brought down to earth.

The only reason to keep it around would be the appreciation factor, which is speculative and I would rather cash out and go for a surer thing. 

I do suggest turn-key stuff for people out of state because it isn't a speculation.

Now i'm speculating. lol The sales price is on the low end so it should sell pretty quickly, based on the recent home sales in my neighborhood. 

Some speculate that the next 3-6 months will be full of layoffs as firms "right size" their businesses.

Speculation vs.

We are coming out of a period of time where demand was higher than normal - work from home, kids not in school, free government money = lots of vacations We don’t do fear mongering or speculation.

Purchasing a property based on its financial performance without having the permits in hand to build it is a whole other story that introduces a set of risks that can and should be contained and or eliminated entirely.Ground Up Development entails a great deal of speculation in its own right on the part of the developer and includes "betting" on the variables such as the cost and nature of on and off site improvements, hard and soft cost, cost of funds and hopefully accurately projecting market conditions over a 3-5 year entitlement and construction cycles.Given all of the inherent risks associated with the development process, the one (and greatest) risk being whether or not the project can be entitled most certainly should not be taken and is easily solved with the right set of contractual terms and conditions.Right or wrong, I have been able to avoid running out of time on a purchase contract (came very close once) and being forced to either close before entitlements or having to beg the seller to give me additional time to close.One critical point to understand is that 100% of the time, money and effort spent by a developer to get a site entitled means that any and all progress made in those regards "runs with the land".