Comments on: More Debt – No Problem http://archive.mises.org/1952/more-debt-no-problem/ Proceeding Ever More Boldly Against Evil Sat, 18 May 2013 19:01:00 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: Bill http://archive.mises.org/1952/more-debt-no-problem/comment-page-1/#comment-2149 Bill Thu, 06 May 2004 06:19:14 +0000 http://blog.mises.org/archives/001952.asp#comment-2149 Peter,

I agree. I’ve been watching the RE market in a certain resort town in Colorado for the last couple years, as I’ve reached the point in my life where I can afford a vacation property.

After the tech crash, I expected these properties to come down in price, but it hasn’t happened due to low interest rates.

So, I’ll sit and wait a couple more years instead of paying an outrageous price for a vacant piece of land. Who knows? In a couple years, I may be able to get that same piece of land for the same price, but with a home already on it!

]]> By: Peter White http://archive.mises.org/1952/more-debt-no-problem/comment-page-1/#comment-2145 Peter White Thu, 06 May 2004 03:41:15 +0000 http://blog.mises.org/archives/001952.asp#comment-2145 So when will it crash, and how far will it go? ;-) There are going to be some terrific bargains in real estate in a few years. Save your pennies!

And remember, you heard it here first. ;-)

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