tag:blogger.com,1999:blog-2335748440449035592.post7284457715324754298..comments2008-05-09T16:16:54.976-04:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2335748440449035592.post-61194613586207571082008-05-09T16:16:00.000-04:002008-05-09T16:16:00.000-04:00Starting to get to that point isn't it? I wrote a while back that if you are a real estate investor you're going to want to look at inner ring suburbs (closer to major cities or places of employment) - plus the homes are smaller<BR/><BR/>Just like with SUVs we took cheap energy for granted - so now people will trade down in houses (size) the same way. Most people never took into account heating/A/C costs because they just were a minor line item - now its going to be a major line item... and more so the higher we go.<BR/><BR/>Without serious wage inflation, a lot of things are going to change in this country.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-83680432618952692042008-05-09T16:04:00.000-04:002008-05-09T16:04:00.000-04:00Why would anyone buy or own a single family home or townhouse when you need heating oil or nat gas to heat your home. You would need another mortgage to pay for the monthly charges. A 550 gallon tank for heating oil would cost you over $2000 a month to heat your house. Expect new home sales AND existing home sales to decline further. The market for apartment condos should expand as people move out of their albatross homes, if they can sell them.yayankeehttp://www.blogger.com/profile/08500359981802753931noreply@blogger.com