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Did I miss the memo about housing builds skyrocketing?
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<blockquote data-quote="LightBnDr" data-source="post: 633828" data-attributes="member: 9031"><p>In my opinion the best thing you can do is sell right now at the peak of this market. Hang on to your cash then when this giant bubble bursts, go build your new dream home. </p><p></p><p>I think today is the worst time to buy a new house as well as build. Everything is over valued. Granted I know nobody cares about my opinion but some strategic moves with patience can pay off HUGE within this next year or two </p><p></p><p>The evaluation and comments in the above post should be the biggest red flag for anyone about to build. </p><p></p><p>It's financially impossible to sustain this "phony" explosion in growth. When we add millions of more people on gov benefits, interest rates are at 0 even negative in some places in the world, you can't deny there is problem. </p><p></p><p>It doesn't have to be yours. If you save what you got until this market tanks, you can build your dream home for half. </p><p></p><p>Nobody believes me though. Lol</p></blockquote><p></p>
[QUOTE="LightBnDr, post: 633828, member: 9031"] In my opinion the best thing you can do is sell right now at the peak of this market. Hang on to your cash then when this giant bubble bursts, go build your new dream home. I think today is the worst time to buy a new house as well as build. Everything is over valued. Granted I know nobody cares about my opinion but some strategic moves with patience can pay off HUGE within this next year or two The evaluation and comments in the above post should be the biggest red flag for anyone about to build. It's financially impossible to sustain this "phony" explosion in growth. When we add millions of more people on gov benefits, interest rates are at 0 even negative in some places in the world, you can't deny there is problem. It doesn't have to be yours. If you save what you got until this market tanks, you can build your dream home for half. Nobody believes me though. Lol [/QUOTE]
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Did I miss the memo about housing builds skyrocketing?
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