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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: kailuabruddah who wrote (27936)3/9/2005 12:40:12 PM
From: John VosillaRead Replies (1) of 306849
 
Our new ownership society on steroids. Somehow I doubt this is what Bush,Greenspan and company intended as being the direct result of recent fiscal and monetary policy.

<"It's outrageous," says Jim Salmon, of Annapolis, Md., who quit his job teaching college to speculate in beachfront realty. Mr. Salmon pays $5,000 for preconstruction reservations for condos in the planning stages, then flips the units once they're finished.>
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