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when I was 18 my father and myself went to pick up a new 1964 Chevy Impala, the salesman asked my dad " Mr. sloan how do you want to pay for this", my dad said he was going to write a check. On the way home my father told me," if you cant, afford to pay for it, do not buy it. I followed that admonition, including buyin...more
we are at the early stages of a muliti year decilne.Prices will eventually stabilize after we experience a decline in vales of a minimum of 25%. I feel badly for all those foks who bought any real estate from 2004 thru 2007, they will soon owe more on the property than what it can be sold for.
11/18/2007
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