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re: Being "recession proof"
Posted on 7/8/13 at 7:05 pm to rintintin
Posted on 7/8/13 at 7:05 pm to rintintin
quote:Was shopping high end coastal real estate last year. Almost made me sick to see the predicament some were in. Several situations where folks paid more for a waterfront lot in 2008 than an identical lot, complete with large house and boat dock, were going for in 2012. Multi-million dollar hits. A few retirees, looking at "can't miss" real estate deals in 2008, lost everything. Very sad.
Did anyone here get hit hard in real estate?
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