Tuesday, March 29, 2005

Bubble Literally

Investing in empty unlived in unbuilt houses? Who is going to rent them? Who are the hordes of people moving there? There are hordes of Californians buying speculatively but not living there. But quite fitting for a gambling city.

Real estate investors cast watchful eye on Las Vegas' high stakes housing game

Market so hot speculators could end up burned

I have a knack for timing the market, oppositely. When I graduated from CS, it was the absolute worst time to be in the job market. When I'm ready to buy a house in a year or so, the real estate market will have peaked for the next ten years.