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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: TobagoJack who wrote (43612)12/8/2008 5:25:32 AM
From: Seeker of Truth  Read Replies (1) of 217594
 
The term "real estate" suggests something solid, profitable,
strong etc. However EJ is a DEVELOPER. Most developers that I have watched over a long period of time have gone bankrupt.
Buying and holding real estate with low debt on the contrary is
usually profitable, at least according to my observations.
We just have to avoid a deteriorating neighborhood. Let's call
this kind of operation investment real estate, in contrast with
DEVELOPING real estate. I have yet to find one listed company
in China that is doing investment real estate. Anybody know one?
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