I don't know how anybody can predict things. I know they say the economy is slowing. But my brother in law, and sister are thinking the stuff is going to hit the fan, if you know what I mean? Thoughts? I guess some people did predict the last downturn?
E-mail my brother in law sent to me:
"This might be worth considering. I strongly do not recommend buying a house in this economy. If the economy gets as bad as predicted you may loose your job and then can’t make the mortgage payments as the house value drops to 50%. I know it is hard to wait but it is the prudent thing to do.
Kind regards"
E-mail my brother in law sent to me:
"This might be worth considering. I strongly do not recommend buying a house in this economy. If the economy gets as bad as predicted you may loose your job and then can’t make the mortgage payments as the house value drops to 50%. I know it is hard to wait but it is the prudent thing to do.
Kind regards"