What is land selling for in your Area?
#31
RE: What is land selling for in your Area?
Talondale is right. I expect interest rates to continue to climb.The Federal Government isborrowing now, when we should be saving up for the retirement of the Baby Boomers. And we'll have to increase tax rates substantially or else borrow even more once they start retiring. Given the popularity of tax increases, my bet is heavy on the borrowing. This will continue todrive up interest rates and depress demand and prices for real estate. Then cash will be King! mwahahaha!
Sorry, went from closet economist to closet Dr. Evil...
Sorry, went from closet economist to closet Dr. Evil...