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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (648)	5/2/2003 3:31:22 PM
From: LLCF	Read Replies (1) \| Respond to of 4912

<The money in real estate is a dead end, it's consumptive but not in a way that generates lots of jobs, there's no value add. In other words a million, put into a house doesn't generate any kind of multiple in the future. > I don't know... I bet there's a lot of .bomb shareholders that wish they had built a million $ vacation home instead! LOL, probably would have created more jobs too. -GGG- We may have just experienced one of the few historical periods where your point is actually debatable. :) DAK