PC on Business 2.0 "list of top 10 market..."

Just to fuel the fire...

"Panama City, FL, topped Business 2.0's list of the top 10 markets that will be great for real-estate investments 'for those who have the patience to buy and hold." (from the Wall Street Journal this week)

They apparently forgot to include the caveat that appeared at the bottom of the original Business 2.0 article about Panama City, FL:

"CAUTION: Local politicians, notoriously cozy with builders, have green-lighted several master-plan communities for future development. If supply gets out of hand, prices will stall."


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You crack me up Shelly :lolabove:

I think it actually said that! Correct me if I am wrong.

That's where he got it.

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They apparently forgot to include the caveat that appeared at the bottom of the original Business 2.0 article about Panama City, FL:

"CAUTION: Local politicians, notoriously cozy with builders, have green-lighted several master-plan communities for future development. If supply gets out of hand, prices will stall."


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The article does state:

'for those who have the patience to buy and hold'

That's where he got it.

"He"?

I think it actually said that! Correct me if I am wrong.

Certainly, glad to help.

The article referenced in the opening thread was a little piece of confection appearing in the WSJ HERE

The tread article doesn't include the "Cautionary" note that was included in the Business 2.0 original article that appeared HERE

The article does state:

'for those who have the patience to buy and hold'

They forgot to add..."AND if you don't die while waiting." :roll:


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Better to grow old and Die living a dream with faith and hope than grow old and Die living in fear, pessimism and negativity

Better to grow old and Die living a dream with faith and hope than grow old and Die living in fear, pessimism and negativity

Gem of the day. :clap_1:

AMEN!!!!:clap_1:

Better to grow old and Die living a dream with faith and hope than grow old and Die living in fear, pessimism and negativity

Better to grow old and Die living a dream with faith and hope than grow old and Die living in fear, pessimism and negativity

:clap_1: :clap_1: :clap_1: Amen!!! Can I use this as my new sig line?

:clap_1: :clap_1: :clap_1: Amen!!! Can I use this as my new sig line?

I will if you will. ;-)

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They apparently forgot to include the caveat that appeared at the bottom of the original Business 2.0 article about Panama City, FL:

"CAUTION: Local politicians, notoriously cozy with builders, have green-lighted several master-plan communities for future development. If supply gets out of hand, prices will stall."


.

Why not buy in Panama City Beach to enjoy? Why does purchasing in PCB need to be in the mind frame of "investing?." My opinion is find a place you enjoy using as a primary home, secondary home or rental property which you can use when not rented for your enjoyment. When you decide to sell, whenever, if it goes up in value that is just frosting on the cake.

Why not buy in Panama City Beach to enjoy? Why does purchasing in PCB need to be in the mind frame of "investing?." My opinion is find a place you enjoy using as a primary home, secondary home or rental property which you can use when not rented for your enjoyment. When you decide to sell, whenever, if it goes up in value that is just frosting on the cake.

Exactly...that is what RE is supposed to be about. Day-trading in RE is now over--time to assess the damage.

Exactly...that is what RE is supposed to be about. Day-trading in RE is now over--time to assess the damage.

I think this is the only one of your posts I can wholeheartedly agree with.

Why not buy in Panama City Beach to enjoy? Why does purchasing in PCB need to be in the mind frame of "investing?." My opinion is find a place you enjoy using as a primary home, secondary home or rental property which you can use when not rented for your enjoyment. When you decide to sell, whenever, if it goes up in value that is just frosting on the cake.

Well put and I think we all have been on that page for a year now. I love this new market and would love to never bring up 2004-2005 again. The market is here. Learn it and you will prosper in it. I also love OOseerOO's quote. I am also going to use it! Quote of the year!:clap_1:

I will if you will. ;-)

Done!!😀

Better to grow old and Die living a dream with faith and hope than grow old and Die living in fear, pessimism and negativity

Agreed... And enjoy the place(s) with family and friends while alive and then pass the place(s) to the kids when we grow old and die, leaving them a little piece of paradise full of their lifelong memories. That's one of the dreams I live -- so far, so good....:wub: And for that dream I have plenty and plenty of patience... No hurry at all!