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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: MoneyPenny who wrote (26301)3/25/2005 10:19:15 AM
From: MulhollandDrive   of 116555
 
Highrise condo development in the backward Fort Myers is selling out pre-development with about 90% investors/10% actual buyers. I think this is a recipe for disaster and perhaps an opportunity for me to buy a nice penthouse in a few years.

i think you are right, MP

and important to position oneself to take advantage of the opportunity....cash will be king
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