Talk of The Villages Florida - View Single Post - IRS Investigation - tax-free bonds
Thread: IRS Investigation - tax-free bonds
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Old 02-22-2011, 03:42 PM
Taj44 Taj44 is offline
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Quote:
Originally Posted by Bogie Shooter View Post
Looking at a house as an investment is a mistake.....ala 2008-2009.
I guess that was my point. Houses used to be an investment - if you were in a good area, had the right upgrades, etc., you'd get your money out of them and possibly make some profit. Now you cannot count on that at all. With the extremely high premiums on the water view lots, we decided to stay where we are. If for some reason, the market in The Villages went south, we could afford to walk away. I'd hate to plunk down $half a million and wonder if I'd be able to sell it for that in the future. No thanks.