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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: S. maltophilia who wrote (67363)8/13/2005 1:23:12 AM
From: energyplay  Read Replies (1) of 74559
 
Khalid - If you had condos on a golf course or a lake, and an arrangement to rent them out, you could sell them.

There's a lot of that in Miami, selling to South Americans who want

1) A place to go if their government goes bad.

2) Some USD income that located out of their country so it's hard to take - harder than something in a bank account which can be siezed elctronically.

3) A place to go when they go to Miami to shop, party, get medical care, etc.
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