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To: Brian S
Real-estate is the only safe game in town.
2 posted on 04/25/2003 7:17:44 AM PDT by Joe Hadenuf
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To: Joe Hadenuf
Real-estate is the only safe game in town.

You've got that right. With the power of leverage one could have made 20 times on their money over the past three years. My properties pretty much doubled in value. Well, up 80% actually. Although, real estate is cyclical like all other investments. It will probably be flat for quite a few years after the big run-up. Won't drop like stocks do though. (Yes, you might be able to point out two examples in the U.S. where that has happened but I'm talking in general.)

8 posted on 04/25/2003 7:24:13 AM PDT by 69ConvertibleFirebird (Never argue with an idiot. They drag you down to their level, then beat you with experience.)
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To: Joe Hadenuf
>>Real-estate is the only safe game in town.

Isn't that what everyone thought about the stock-market a few years back?
13 posted on 04/25/2003 7:35:48 AM PDT by freeper12 (Republican president, senate and house...where are the spending cuts???)
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To: Joe Hadenuf
Everyone felt the same way about Nasdaq stocks in 1999.
15 posted on 04/25/2003 7:37:47 AM PDT by nemo
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To: Joe Hadenuf
It's more than that, but I had predicted for some time that we would see a housing boom based on the HORRIBLE weather in the midwest and east for Jan-Feb.
18 posted on 04/25/2003 7:39:59 AM PDT by LS
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