Back in 2005 I relocated to Arizona and bought a house there because my wife was planning on starting a cash based Osteopathic practice in the area. Housing was way overpriced but if you wanted to live in Arizona you had no choice but to pay the price. I purchased a two year old house for $207,000 that the original owner had paid only $150,000 for just two years earlier. By 2006 I knew that my wife’s plans were not going to work out so I knew it was time to scale down and get out of Arizona before the economic crash that I knew was coming hit.
I was telling people in 2006 that an economic crash was coming and that the price of real estate in Arizona would crash but when I mention that to people eyes just rolled. I was the only one on my church board that urged caution about their going forward with a half million dollar preschool expansion. When I explained that an economic downturn was coming the rest of the church board marginalized me like I was someone that was out of touch with God’s plan for our church and economic reality.
By June of 2006 I was quite certain that there would be a crash and I told my wife we had better sell the house and move to something cheaper. We then found a house on 28 acres in Western New York for $95,000.
I put the house in Arizona up for sale in August of 2006. The realtor suggested that I list it for $269,000. I had already noticed that property was no longer selling as fast as it had been in Arizona so I though the price he suggested was too high. I listed it at $249,000. I told the realtor that a housing crash was on its way and he just laughed. He said he just doubled his office staff so it better not. Building was really going crazy in Arizona in 2006. Everyone and their brother was building houses but by late summer of 2006 the buyers for properties over $250,000 had already disappeared.
For the first two months the house was listed there were no lookers at all at my house. What really woke me up is when an investor down the street sold a house normally listed for about $229,000 for $179,000. Apparently he was an investor in property and he realized that the market was past peak. He bought the house for about $119,000 a few years earlier and knew it was time to get out. I got the message and promptly lowered the price of my house by $20,000 to $229,000 and then we moved to the property that we purchased in New York. Even with our property listed $40,000 below what the realtor first suggested we still had few lookers at the house. Finally we got an offer of $219,000 from a U.S. Border Patrol Agent but to make the sale we had to agree to pay all the closing costs.
The person that bought our house paid absolutely nothing down and I paid all the closing costs. People could still do that in the permissive market of 2006. I thought the financing company was being very shortsighted but that was their problem. I just wanted to get rid of the house before things got even worse. We closed in late 2006 and did not lose anything on the house sale because we had only paid $207,000 just a year earlier. Even so, had I sold it six months sooner I could have sold it for at least $20,000 more or $40,000 more than I paid for it just 8 months after I bought it. Prices were going up just that fast in Arizona in 2005. It was insane. Speculators were bidding up the prices so much that a crash became inevitable.
The rest of the story in Arizona and the housing crash is American history and it is still ongoing. This year I saw the same house that I sold in 2006 for $219,000 listed for sale for $140,000. Apparently the government employee that bought my house with zero down and zero closing costs just walked away from the loan rather than make payments on a house worth less than the mortgage.
As far as I can determine the mortgage broker that came up with that loan now no longer exists. The real estate office whose broker had expanded his office now no longer exists and the church that built the preschool expansion continues to have a huge struggle to meet the bills.
I told you that story to say this. We again are on the brink of something that will affect the lives of most people in this country even more than the housing downturn that started in 2006. I think the time for procrastination if you are planning any relocation is over. Do what you are planning to do now or its probably never going to happen.
My message is to myself as well as it is to others. I need to build on the 120 acres I bought in the Ozarks. If you are planning on moving out of the cities, or planning on building a home on some country property, or whatever, you are running out of time to get that relocation accomplished. If you are procrastinating and waiting for the economy to recover or if you are just procrastinating for some other reason the window may close soon. The time to do that relocation or building project is right now.
If you see the danger that is coming especially in the big cities make that move to that rural land now. Sure, you’re not going to get want you want for your house but if you do not bite the bullet and make that move you’re probably going to regret it.
You can find rural reasonable houses with acreage for $100,000 to $150,000 in many parts of this country if you are willing to get away from the big cities. I can almost guarantee that big cities will not be where you wish to live shortly. I can tell you many reasons why, but you probably already read about them on this blog. Let me just give you a quick refresher.
The whole world is becoming very unstable once again. There is more danger of a general world war now than even before the second world war. In case you have not noticed our own government and most governments are increasingly becoming fascist. When government controls economics and private lives through business and regulation and crony capitalism that is really fascism and not just socialism.
The Left leads people to believe that fascism comes from the Far Right but fascism is statist social control seeking to govern and manage everyone and everything. My point is that government will increasingly be controlling everything. In a few years most will not be able to relocate to rural areas because there will be no loans available to finance building in rural areas at reasonable interest rates even if you still have enough wealth left to even qualify for a loan. You may also have to get a permit by the government to even move there.
We are heading toward a world war. Anyone should be able to see that there is going to be a major world war with many Islamic states with their control of oil and state sponsored terrorism. Iran has or will soon have nuclear weapons. That is intolerable for the West for many reasons and something will be done about it and the fallout might not be pretty. Pakistan is also a nuclear power keg allied with China and both are enemies of India.
China intends to take over Taiwan and it believes that it now has the military power to do it. China can blackmail the US with the threat of an EMP and can actually carry out that EMP threat if the blackmail does not work. The leadership of China simply does not care if they lose millions of people in a nuclear war with the US. The Chinese have ghost cites built to relocate people in such a war and they have elaborate underground complexes for good reason.
The USA is funding most of China’s economy so they do not want to rock the boat now but it cannot last and when it ends we will see a belligerent China.
Russia is now a fascist KGB thug run state and I think it is more dangerous than the Old Soviet Union because it now is more likely to resort to a surprise nuclear attack in a crisis then in the days when the USSR also had great conventional capabilities to carry out military missions. Russia no longer has the capabilities to fight a conventional war with the US and they will not for at least a decade. Nevertheless, Russia clearly intends to control the Middle East and the world oil market and they just might resort to a surprise nuclear attack to get the United States out of the picture. We see that Russia once again is behind just about every anti American effort in the world.
Israel will have to resort to nuclear weapons in the next war with the nearby hostile enemy neighbors that completely surround her. Some of these enemies of Israel have chemical and biological agents loaded on rockets. That war could start at any time.
The whole western economic system is unraveling and is likely to collapse rather soon. We really do not know what this means but it certainly means high costs for everything and riots in every city in the western world. Middle class people will lose most of their wealth.
The social costs and terrorist Islamic presence in Europe will bring a very violent native backlash counter-revolution.
That is just a sample of what is facing us in the next decade and some of this may hit us within months or a couple of years at most. If you’re planning something like moving to a rural area and becoming more self sufficient you need to find a way to get it done now.
If you are planning a change do it now before you get trapped in a situation where you see your hopes vanish. If we have a major economic collapse or if we go on a national war footing or have an EMP this nation will change so radically that building or getting a loan will become impossible.
I think we have perhaps 2 or 3 years at most to relocate or build. After that, Katty-bar-the-door! We could be in an economic collapse, a world war, a civil war and a police state all at the same time no matter who the President is. If you want to do something to change your location and situation you simply cannot afford any more procrastination.
Don Koenig founded www.thepropheticyears.com website in 1999 after almost thirty years of independent study on the Bible and learning from many astute teachers within Christendom. Don created his website to write about Bible prophecy, biblical discernment and his Christian worldviews. Don wrote a free Revelation commentary ebook in 2004 named "The Revelation of Jesus Christ Through The Ages". The World and Church and Bible Prophecy section of this website was started in 2007.