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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: redfish who wrote (31265)	5/15/2005 4:50:30 PM
From: Mike Johnston	Read Replies (1) \| Respond to of 306849

What all these people forget or don't know to begin with, real estate flipping and speculation is a zero sum game(negative if transaction costs are included). Nothing is being built, nothing is being invented or produced. Therefore, for somebody to make money somebody else has to lose it.

To: redfish who wrote (31265)	5/15/2005 5:16:56 PM
From: Les H	Read Replies (2) \| Respond to of 306849

Nervous Venezuelans seek safety in S. Florida real estate sun-sentinel.com

To: redfish who wrote (31265)	5/16/2005 5:40:01 PM
From: patron_anejo_por_favor	Respond to of 306849

ROTFL, nice how they buried this little nugget: There's the commonsense fact that homeowners who will part with their property for less than market value are hard to find. And the competition to find them first can be brutal. ....and this of course is the recurring, fatal Achilles heel behind all these schemes. You very rarely get something for nothing, less so in the long run.... Of course, there IS someone who makes dough off of this: All told, she studied under five gurus and three coaches, spending $75,000 on classes, materials and marketing -- nearly all of it in credit-card debt that she hasn't paid off.