The Real Estate Game is Doomed 1/2

Posted by admin on May 10th, 2010 and filed under real estates | 25 Comments »

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Interview with Real Estate Investor Corey. We discuss the current market for investing in residential and commercial properties. Corey goes into detail about the recent collapse in real estate an what he expects to come in the next few years. He goes into detail how investors were hurt, even in moderately collapsed markets and how there is little upside long term in playing the real estate game.

Corey’s Strategy Moving Forward
http://www.directorslive.com/video/2724/Investor-Explains-Investment-Strategy-in-Downward-Real-Estate-Spiral

Duration : 0:8:11


[youtube J__DH4lUekU]

25 Responses

  1. unameitltd Says:

    so with most houses …
    so with most houses selling for less than what they would cost to rebuild does not that mean the bottom must be close by?

    I sold my 2 houses at the 2005 top and when I see great homes at 40% of their bubb;e prices I am very tempted to buy a farm, grow my own food and buy off grid power

  2. 7996hobguy Says:

    of course they do
    of course they do

  3. ycformosa Says:

    @7996hobguy

    Hi do …
    @7996hobguy

    Hi do you think Taiwan does not comply to world banks?

  4. 7996hobguy Says:

    china is now under …
    china is now under control of the same banks that almost the rest of the world is.. they can blindly print money just as the federal reserve does. there are three countries in the world that DONT comply with the world banks.. and they are Iran, North Korea, and Venezuela… or as bush would call them “Axis of Evil”… that in itself should disturb all the non-believers of the NWO “conspiracy” …. best wishes brother

  5. MrYebby Says:

    in case the crash …
    in case the crash comes he can drive away as fast as he can lol

  6. ELLDEE321 Says:

    why does he do …
    why does he do every video from inside his car?

  7. breckandy Says:

    there has been a …
    there has been a building moratorium for 3 years. People still need a place to live-pent up demand. Those that buy now(rates are going up and prices in 1/2) and those with rates 5% or less will be paying back their mortgages in inflated $.
    Those still renting will be paying double and triple the rent

  8. Arstaichio Says:

    thanks for stating …
    thanks for stating the obvious

  9. BringBackCapitalism Says:

    AZ isn’t bad. Might …
    AZ isn’t bad. Might actually be getting close to a bottom, but a 1.1% increase isn’t much considering how far it’s dropped.

  10. BringBackCapitalism Says:

    It Depends, but …
    It Depends, but Florida is awesome and you can buy a waterfront house with a Boat Dock (i.e., Freedom, Fun, Parties steps away) for under $100K in many parts of the state.

  11. Drav1212 Says:

    I live in PA. I …
    I live in PA. I have a home paid for in PA. I want to move to FLA. I am not sure if I will sell my PA house…What do you suggest???

  12. bodani Says:

    whats your take on …
    whats your take on home price increase by 1.1 % in AZ?

  13. reginald58 Says:

    why is there so …
    why is there so little information about the fake gold bars china received in october 2009 ??? it was from fort knox !!!

  14. Hybrid5226 Says:

    But on a lighter …
    But on a lighter note there is a job fair tommorrow for 300 government jobs at the shipyard an they usually hire people right out of high school an either send them to shcool or they join apprentice program .I have had 2 of my friends get hired last year an another going to the fiar tommorrow.
    Peace

  15. SpringboardShop Says:

    Thanks for that …
    Thanks for that clarification.

  16. neanam Says:

    Dont call me norman …
    Dont call me norman call me chubsy upsy

  17. turboredcart Says:

    the guest is cute.
    the guest is cute.

  18. spectre1929 Says:

    the masses have …
    the masses have always followed propaganda ,it why propandanda has always existed ,and it is so powerful ?The reason why so many are quick to belief the parrot press (recovery,recovery),is because money has been the driving force in the life of the majority ? so many say money does not make you happy and then spend there whole life chasing money ?the titanic is sinking .

  19. lasagnabro Says:

    re: comments on the …
    re: comments on the “give away” yeah that would be great, but it would have “only” taken 14 trillion to pay every mortgage and credit card debt, student loans etc… of every american…wipe out all our debt and yet bushbama gave how many trillions to foreign banks? it’s well over 40 trillion now? or more? the banks are the slave owners and we’re their property. don’t pay your taxes? your house is gone. or you go to jail or have your wages garnished etc…you’re not free but only in your mind

  20. chineseal Says:

    complete give away …
    complete give away by the gov’t is not going to happen. Banks wont allow this as they need to collect interest.

  21. MihiLibertas Says:

    You can not Force …
    You can not Force Liberty..You have to just let it happen..

  22. VisionQuest2012 Says:

    The time to buy is …
    The time to buy is when the location and labor of a particular property is undervalued. In other words could you have the same property built at that location today for that same price. If you can not it’s time to buy.

  23. hwy9nightkid Says:

    I’m sorry, you’re …
    I’m sorry, you’re saying two things

    1) Hyper inflation (where?)

    2) This guy in the vid says valuations and equity will never return..

    These are two VERY different things.. sorry but you are making no sense with this video.

  24. bboucharde Says:

    mcnabj,
    You are …

    mcnabj,
    You are right on the money. The average per capita income in Dominican Republic is six times that of pre-quake Haiti. Part of problem is French colonialism—Most French colonies ended up as basket cases. Spain’s have generally done better, and Britain’s have generally fared best of all. French colonialism was the kiss of death, combined with genetic, spiritual, cultural, & other historical factors–All combined to make Haiti a virtual failed state & enviro disaster.

  25. VictoryCough Says:

    A sign of an …
    A sign of an unhealthy, over-regulated market is people not buying houses because they’ve been saving and can afford to, rather people feel they can’t afford not to, have no savings and need money. Flippers would probably never made a career out of this in a free market.

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