Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Rich1 who wrote (30762)	2/18/2002 4:06:50 PM
From: Ted Downs	Read Replies (1) of 99280

Rich, Was talking to a friend who is in the business of limited partnerships of real estate primarily medium to upscale apartments. Renters who have solid jobs are buying homes because of low interest rates and good deals. Renters who have been laid off or have no confidence in their job future are leaving apartments and returning home or doubling/ tripling up with others to conserve money. So that hot apartment activity in places like Raleigh/Durham or Charlotte have cooled off. Aren't you in that field of condos etc.? Ted

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