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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: John Metcalf who wrote (77106)3/30/2008 2:27:49 PM
From: Broken_Clock  Respond to of 116555
 
In the mid 70's there was a retired AF Colonel buying homes in Lompoc for $100 down and $99/mo(14-16k). He would rent them for $105. He has 20 when i heard about him. That is some serious hedge fund leverage. By 1982 they were renting for $400/mo. Today maybe $1,700. -g-