Monday, September 8, 2008

You only lose when you sell

Commercial properties have gone down in value on paper, but you do not feel the loss until you actually sell. So those who are owners just need to sit tight and wait, possibly for a very long time, until prices go up again. Only those who sell now in a panic will lose money.

But then again if prices never go up again and stay this low forever then everyone is in the sh*t

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