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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: KM who wrote (37269)8/8/2005 3:19:49 PM
From: Jim McMannisRead Replies (1) of 306849
 
RE:"And why is he an idiot? This is why.
Mr. Brazil invested in two more rental homes in nearby cities. He still commutes to California for work, but he says soon he will settle down in Dallas, relying on his investments here to help fund his twilight years."

Well, maybe he has some other investments. At the very least he has an "up to" $500k grub stake to eat through before he has to worry.
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