The depressed housing market is now attracting buyers who look at boarded-up homes, rising foreclosures, and falling values and see, not disaster, but a rich opportunity. They have cash so they don't need to go to the bank. The homes they're eyeing are selling at 2004 prices or lower. (Christian Science Monitor, Friday)
Create value. Make a profit.
FEE Timely Classic
Those Fellows with Black Hats–the Speculators by John A. Sparks