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Re: moneytalksbswalks post# 32343

Friday, 10/19/2007 5:43:28 PM

Friday, October 19, 2007 5:43:28 PM

Post# of 143140
If there was any real possibility to this, I'd buy enough to reach the 10mil requirement. There is sooooo much money to be made in real estate right now, but so few see that. All they see is bank troubles, foreclosures, and property value decreasing. With enough capital, and management skills, a company could literally own the real estate market in the US. It is said "the Richer get richer wile the Poor get poorer". This is one of those times. Wile the poor can't keep up with their investment (new home), a rich man can swoop in and acquire that home for far less than what the poor man put into it. Another aspect is that people always need a place to stay. Rental property is always a viable solution in a slumping "new home" market. Big money to be made in Luxury homes (Aspen Cove), where construction labor is in competition to reduce over all price, wile increasing profits. Big big money to be made in Commercial property that is still booming from the last I've heard.

If there ever was a possibility... this antisocial hermit would jump all over this deal... as long as I would be allowed to show up in my bunny slippers, and underwear for the meetings >.>