We all know that as kids turn into teenagers the parents tell the kids to start packing because as soon as they hit the 18 mark they’re on their own. My question is what would they prefer to rent, country or city? Would they prefer the city because of convenience of being close to places like the mall or the skate park, or would the property virgins like the country more because of the space and farm land? So, country or city? For girls we all know that it would probably be the city. They’ll have a meltdown if they don’t get to the shoe sale in time to get that cute pair of high heels. For boys it might be the city too. Just because they’re not girls doesn’t mean they don’t have plans with they’re girls to go to the movies or something like that. Over all I think it’s still completely fair for all those teens to have their own opinions. So I ask you one last time, country or city?
As markets heave and swing from one extreme to another, some investors may be looking for a more predictable or at least controllable place to park their dollars. One thing is for sure, we all need a place to stay & food to eat. Experts are recommending that consumers put a leash on their discretionary spending and review their balance sheet in order to control debt. Will rental properties become the investment of choice in 2009? What about homeowners trying to subsidize their mortgage payments by renting space in their home or on their property? There are several options available to individuals and families. Times like these have the ability to inspire creative problem solving and strategic thinking. Some say that when times are good, we tend to party and when things are bad, we tend to ponder. Answers & solutions are more likely to appear through reflection than celebration.
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