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Non-Tech : Investing in Real Estate - Creative Opportunities -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (1265)	1/29/2013 6:32:08 PM
From: tejek	Respond to of 2722

Maybe Boston Edison could have been the Beverly Hills of Detroit Trust me. Based on the photos, Boston Edison looks a lot more classy than BH.

To: John Vosilla who wrote (1265)	1/30/2013 11:50:12 AM
From: tejek	Read Replies (2) \| Respond to of 2722

This is one of the ways expensive housing markets stay expensive.........trust fund babies or very generous parents. Report: 43 percent of young homeowners in greater LA don't have mortgages Wendy Lee \| January 13th, 2013, 6:00am For some young homeowners, monthly mortgage payments don’t exist. That’s because they're wealthy enough to buy their homes in cash. In the LA metro area, 43 percent of homeowners ages 20 to 24 don’t have mortgages, reports Zillow, a Seattle-based online real estate marketplace. Zillow says this is probably because the young homeowners are millionaires - or because their parents can buy the properties for them. The Los Angeles area ranks tenth among metro areas with young homeowners who can buy outright, says Zillow spokeswoman Alison Paoli. New York takes the top spot with 84 percent of 20-to-24-year olds who can buy free and clear, followed by Detroit and Boston at around 54 percent, Paoli said. scpr.org