Real Estate Boom: Easy Money! Get in Quick!

by Alex Stenback on May 19, 2005

NewshourlogoExcellent video piece on the Real Estate Speculation boom from PBS, which pays particular attention to the carnival atmosphere surrounding the "pull money out of thin air with real estate" seminars/revival meetings. 

Better watch this If you are thinking about becoming a real estate investor of the "Buy, flip-for-profit, repeat until rich" variety.  If after watching it you are not reconsidering this idea, watch it again, but this time, pretend it is 2000, and mentally replace "Real Estate Investor" with "Day Trader."

While watching this, all we could think of is Joe Kennedy and the shoe-shine boy.
ยท The Real Estate Boom [Links to page with Video, Transcript]

{ 2 comments… read them below or add one }

Grant May 19, 2005 at 10:42 am

Great article.

I was actually looking for this one, this seems very similar to the CNN/Money article.

Zmajrab June 3, 2007 at 11:55 am

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