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Well, I was one of the ones who thought that it wasn't a good idea to get into real-estate, due to the coming (possibly inevitable) housing market collapse. However, I would have thought it would have occurred over 2 years ago. Now, I get the feeling that extraordinary measures will be taken to delay this several more years.
This is the primary reason I was considering getting real-estate, but only with a layer of privacy like titling and mortgaging in another name (like an LLC). Yes, if the stuff hits the fan before I got out, I'd vacate and let the LLC take the fall. No skin off my back, just like renting, right? And if it was delayed long enough, possibly sell to the next sucker in line.
Just toying with this idea for now.
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