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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Colin H who wrote (31002)4/20/2005 6:00:29 PM
From: ild  Read Replies (1) of 110194
 
If you have a new condo for, say, $600,000 which appreciates $150,000 per year you just don't want to rent it out. After being rented for a year it won't be "new", so it will lose more in value than the whole yearly rent. My guess many speculators think that they will be able to sell before the music stops. I wish them luck. They will need it.
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