Thursday, September 18, 2008

Turmoil

Stock values dropping . . . money markets devalued . . . giant investment houses being gobbled up or declaring bankruptcy . . .

And yet people will persist and turn money over to stock brokers with promises that things are going to turn around soon. To people they don't know, to be managed by people they don't know

But people are "afraid" of investment real estate? Where apartment renters pay the owner a monthly fee to live in a few hundred square feet? Or businesses or retailers pay the building owner for the right to operate out of a few thousand square feet of the owners space?

Where is the risk in THAT? Why the irrational fear of investment real estate (no I don't mean houses, I mean commercial buildings and multifamily) when the real volatility, uncertainty and high risk is in the markets?

No comments: