babs-1108.jpgShe’s not worried at all, in fact. That’s what she told AMNY in an interview. Also, her advice: buy now. “Real estate will be more expensive once again, and everyone will look back and say, ‘Why didn’t I buy then?’ Because the truth of the matter is these are the good ol’ days everybody dreams about.”


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  1. There are two scenarios that I can see playing out. One the housing market goes down and stays there for 10-15 years. Second the housing market goes down for another 1-5 years and then has another upswing where the best areas appreciate the most and the less wanted areas appreciate modestly. This happens because the cheaper areas will attract people making regular wages. The more expensive areas get more expensive because the government keeps printing like mad and the dollar becomes worth alot less, the people who usually make money in times of inflation are the more educated type. Unfair but this is what happened in the 70’s and 80’s.

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