1. "The prices are so high that investors can no longer buy a condo and rent it to cover the mortgage." Read my posts from last year. No rental income and NO appreciation. doesn't work.
That's why many people are getting burned. Next wave is negative amoritzation loans. 2. How many of those "presale" units will actaully close?? ------------------------ Yahoo! Groups Sponsor --------------------~--> Everything you need is one click away. Make Yahoo! your home page now. http://us.click.yahoo.com/AHchtC/4FxNAA/yQLSAA/Y2tolB/TM --------------------------------------------------------------------~-> Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/AsburyPark/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
