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<blockquote data-quote="adulbrich" data-source="post: 8623354" data-attributes="member: 661255"><p>North Korea or Russia</p><p></p><p></p><p>I'm honestly surprised at the number of retail stores that are still open.</p><p></p><p></p><p>I wonder if the hedge fund will eventually pull the plug on Sears Corp. //content.invisioncic.com/y282845/emoticons/confused.gif.e820e0216602db4765798ac39d28caa9.gif</p><p></p><p></p><p>We're waiting for the real estate market to crash here in Ames, then my mom is going to scoop up some property. Several large apartment complexes have been clearing out neighborhoods. Iowa State enrollment is still increasing, but the amount of available housing has surpassed student demand. The average price of rent here is plummeting next year. When it does, many of the individuals who rent out property (but aren't rich) won't be able to turn a profit. There are a lot of people in the area who will go to the bank and get a home loan, buy a house, and the money from the renters pays the mortgage. Their intent is to eventually have steady income from the property once it is paid off. When they aren't able to charge more for rent than their monthly payments, we're going to see a huge surge in the housing market here. Right now, it's a seller's market, but it won't stay that way forever.</p><p></p><p>The more I think about things, the more I think we should invest less money in the stock market and more in other ways</p></blockquote><p></p>
[QUOTE="adulbrich, post: 8623354, member: 661255"] North Korea or Russia I'm honestly surprised at the number of retail stores that are still open. I wonder if the hedge fund will eventually pull the plug on Sears Corp. [IMG]//content.invisioncic.com/y282845/emoticons/confused.gif.e820e0216602db4765798ac39d28caa9.gif[/IMG] We're waiting for the real estate market to crash here in Ames, then my mom is going to scoop up some property. Several large apartment complexes have been clearing out neighborhoods. Iowa State enrollment is still increasing, but the amount of available housing has surpassed student demand. The average price of rent here is plummeting next year. When it does, many of the individuals who rent out property (but aren't rich) won't be able to turn a profit. There are a lot of people in the area who will go to the bank and get a home loan, buy a house, and the money from the renters pays the mortgage. Their intent is to eventually have steady income from the property once it is paid off. When they aren't able to charge more for rent than their monthly payments, we're going to see a huge surge in the housing market here. Right now, it's a seller's market, but it won't stay that way forever. The more I think about things, the more I think we should invest less money in the stock market and more in other ways [/QUOTE]
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