Monday, May 30, 2005

More Negative Cash Flow Investments

The bad ideas seem endless.

[NEW YORK – "For rent" signs are increasingly showing up in tony bedroom communities, condos, and exclusive resort areas around the country.

They are one more sign of the magnitude of the real-estate boom in the US. Eager to cash in on one of the strongest housing markets in the postwar era, speculators and even average investors are buying homes and renting them out until they decide to sell them at presumably far higher prices.]

1 Comments:

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Sunday, February 26, 2006 3:55:00 AM  

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