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Thread: Is it time to invest in US real estate market?
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[quote=GEARBOX,343679]The economy will recover and will take a couple or more years, but the reccession was long overdue and hopefully we will come out stronger down the road. But I see housing stagnating for the foreseeable future and perhaps growing at a much slower pace if at all. I think the smart money is waiting on the sidelines for the stock market to finally bottom out. With interest rates at all time lows and no increases on the horizon, the market is your only bet. And with the current 50% drop, an 100% profit could be gotten within the short term if you play your cards right. GM is looking pretty good now at 4 bucks for a huge return if they make it and Sunpower Tech at 8 bucks is a safer play and can pay off 400% should it return to previous levels. But if you want real estate, I would buy in Shanghai at the current depressed levels, it will have a better up side IMHO. Good luck Allan [/quote]
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