That's gotta hurt (not being able to take loss deduction), but you may be better off that way...Bottom line is that you have a loss carryover that's going to carryover until.... well, forever as long as you're making that much money.

Towns near military instalations with regional influence will remain viable and if two or more of these elements are joined by manufacturing, food processing, consumer or durable goods, that economy should weather the storm.

Other like BofA take forever, so its okay to list after the BPO.

There is a growing shadow inventory that the banks won't be able to withold forever and we can't keep paying people to buy homes.

Great topic Mike.I agree that consumer education is central to anyone having prospects for a future.

Tim - They also surpassed the USA as the largest consumer of cars this year.

I developed my own, but boy it took forever to get it just the right way.I'll check out my competition.CameronP.S.

it paid for them to inflate values, hence the crooks are barely hanging on now... what is nice about RE is that everything is stored for future reference and sooner or later all of the crooks will have to pay for their dirty deeds... you can run, but you cannot hide... forever!!!

It is also very difficult and time-consuming, as I understand, to evict a non-paying tenant in nyc.So, can anyone suggest some good areas that are relatively close to nyc that I could invest in?

Today, we are consumers.