Originally Posted by T_O_M
Originally Posted by ribka
Any input on buying property now?


I do not know if it is good / right input or not, but my thought is this .. it depends on your financial situation. I'm not going to second-guess yours. We have people on the forum from high school / college students living on student loans to retired entrepreneurs with "more money than God." Personally, I would not take on new debt unless my income were rock solid, but if I had "excess" cash in the bank or if my job were such that the market impacts of the virus can't touch me directly or indirectly, then I'd say go for it. Sort of hate to be parasitic / take advantage, but I think when the moratorium on rental evictions and foreclosures ends, there are going to be opportunities for people who have cash because others have fritter theirs away and won't be able to pay their bills.

Tom


I normally would wait but this area is booming now despite the virus and many across the US are relocating here because of political environment and fantastic recreational opportunities. There's construction everywhere now ( it won't shut down like other states) and have contacted 5 area builders and are all booked up through summer. Maybe this is temporary ?