Monthly Archives: April 2012
If you knew that, you could position yourself to take advantage of coming changes. You could play the market for big profits.
I don’t have a crystal ball that can predict the future . . . and neither does anyone else. However, if we count on the future to be somewhat like the past, we can get some idea of how it should play out over the next decade.
The real estate market is like that. When it was booming in one of its great expansions roughly between 1999 and 2006, a person who saw it only then would, naturally enough, assume that real estate values always grow 10 to 25 percent a year. Many, too many, people made that assumption and bought one, two, or a dozen homes hoping to multiply their profits.