Dan Gillmor on Fueling the Real Estate Bubble
Dan Gillmor on Grassroots Journalism, Etc.: Fueling the Bubble Dan blogs about a questionable headline in the Seattle Times. The headline suggests that there may be money to be made in “flipping” real estate.
Rates will go up and people will get squeezed.
By the way folks, there are now 2,580,000 pages that come up on Google when you type real estate bubble. Don’t say you weren’t warned.
Tread carefully if you dare play this game and make sure you understand the difference between recourse and non-recourse.