- Joined
- Aug 30, 2007
- Messages
- 13,881
At some point there will be buying opportunities for sure
Some already
Depending on asset class, yes, prices will fall to 2017. Harder to get aggressive commercial mortgages at the moment. Most now lower LTVs.
Loads of $1 to mortgage assumables to come for those that love highly levered discounted homes.
I am aware of at least two condo converted buildings that will come to market 30-40% below what folks paid for 2-3 years ago. There are likely more to come.
Cash is King - Cash-Flow is Queen ! (TM)
I believe the Chinese symbol for crisis and opportunity is the same. Perhaps a bilingual reader can post a picture of said symbol here.
Some already
Depending on asset class, yes, prices will fall to 2017. Harder to get aggressive commercial mortgages at the moment. Most now lower LTVs.
Loads of $1 to mortgage assumables to come for those that love highly levered discounted homes.
I am aware of at least two condo converted buildings that will come to market 30-40% below what folks paid for 2-3 years ago. There are likely more to come.
Cash is King - Cash-Flow is Queen ! (TM)
I believe the Chinese symbol for crisis and opportunity is the same. Perhaps a bilingual reader can post a picture of said symbol here.