How Does Real Estate Seem Like A Good Investment in 2008? Part 2
November 20th, 2008 • Related • Filed Under
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We saw in the first post that the Dow Industrial average is down 44 percent in the past 52 weeks. That is trouble enough.
But imagine being long in Oil?
Oil dips below $50 a barrel on New York exchange for the first time since reaching record high of $147 in July. via CNN
You would be down 66 percent.
Maybe real estate is still a brightspot in the economy even with the drop in prices.
It was just ahead of it’s time…
On just thinking about the customer alone we can not develop the business. We need keep update in our product. ...
please dont see this list and decide to never visit new orleans, i live in new orleans and it is ...
I agree, they have done enough repair to the economy, and they need to wait for things to start turning ...
My fiancee and I missed out on the 2008 tax credit by two weeks , buying our house in March ...
CHICAGO
DETROIT
ST.LOUIS
EAST ST.LOUIS
FLINT
DALLAS
BALIMORE 
yeah but who wants to live in a war zone? 
If someone can pay rent, that rent can be considered part of a mortgage payment. The government is providing $8,000 ...
We want to buy a home in Jan or Feb of 2010, any word on money for the 2010 year? ...
How do you get foreclosures to slow down when houses in some markets are worth 20-40% less than their loan ...
hi i am 55 years of age and i am out of work in florida . i would like to ...
Comment by Carmine Tutera, Street Wise Investments Inc. on 20 November 2008:
Not only is real estate a bright spot it should be a part of everyone’s IRA and 401K account because of the following*:
1). Nobody can inside trade your property*
2). No one can fake the balance sheet*
3). No one can fake the vacancy on your commercial strip center*.
These are just a few reasons why commercial real estate should be a big part of your overall investment strategy.
*Takes into consideration that you take an active role in your “own” investments and don’t hand them over to someone who just wants to suck off you (like a management company).