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Trading Places: Real Estate Instead of Dot-Coms

Author: Joshua Dorkin   • URL: http://www.biggerpockets.com/
March 25th, 2005   •  

Real estate-crazed Americans have started behaving in ways that eerily recall the stock market obsession of the late 1990’s.

In Naples, Fla., some houses have been bought twice in a single day, an early-21st-century version of day trading. Buying stocks on margin has morphed into buying homes with no money down. . .

Read this story from the New York Times

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