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Re: Nirvana post# 3115

Tuesday, 08/29/2006 4:27:19 PM

Tuesday, August 29, 2006 4:27:19 PM

Post# of 31925
Nirvana - Wait a minute. All of those real estate profits were on paper for the averge person. The only people who made money in the boom were speculators and they are putting their money in REITS now. Reits make money buying property cheap and generating rent. Rents are gong to rise because no one can buy a house.
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