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To: Tommaso who wrote (157711)	3/30/2002 5:00:56 PM
From: KeepItSimple	Read Replies (2) \| Respond to of 436258

Just on MSNBC: "Lose your shirt in dot.coms? Try real estate, it seems to be going up with no end in sight" I am not making up this quote. It was just spoken by a reporter who was talking about how regular investors could join the bandwagon by buying REITs or becoming landlords or flipping single family homes. Hmm. I give up. I must be totally insane. Am I the only person in america that sees this as a huge disaster about to unfold? They're actually telling people that the way to make money back that they lost in the nasdaq bubble is to invest in the real estate bubble! WHAT THE FUCK? They even interviewed a couple who admitted their credit history was terrible, but the bank gave them the loan anyway if they'd just pay 2 extra percentage points for the first year. Apparently with feddie mae and freddie mac running at breakneck speed to keep the bubble from collapsing, they have taken a policy of giving a loan to ANYONE, period.