Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Sure, but the 90s was basically a nightmare decade for real estate. It’s one thing to weather one year, but an entire decade?


I have yet to have a property I couldn't keep tenants in for at least a decade. Some even sign 2+ year leases if they plan on being in the area for a while.

As long as the mortgage is covered, I can hold a property indefinitely.


You were active in the 90s?


I was through the global financial crisis, 2007-2009; I had some properties lose >$100k in value.

I'm mid 30s, and have invested in real estate since my early 20s.


2007-9 isn’t really comparable to what went down in the 90s, especially for californian real estate after the Japanese had to liquidate from their binge, but all throughout the country as well.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: