Dec 13
The piece largely relies on Peter Schiff, an investment pro and onetime campaign adviser to Ron Paul who has become famous for predicting the housing meltdown. At one point in the piece Schiff compares U.S. residential real estate, which has manifest economic utility, to gold, which has almost none.
Dec 12
Anyone that has ever invested in real estate knows that you always leverage real estate (borrow against it). The problem with this is that you have to deal with a traditional bank. You now have a monthly payment that must be made come hell or high water. The bank doesn’t care if the recession is hitting you hard, they want their money.
Dec 11
PHILADELPHIA----The Board of Trustees of the ING Clarion Global Real Estate Income Fund , which trades on the New York Stock Exchange under the symbol “IGR”, declared a monthly distribution of $0.045 per share for the month of December 2008.
Dec 11
At the height of the real estate madness a couple of years ago, the San Francisco Bay Area was littered with billboards and radio ads hyping real estate in Las Vegas.
Dec 10
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