The Real Estate Crisis And The Greater Fool Theory
Posted on April 5, 2011 - Filed Under Success Tips Articles | Leave a Comment
Pick up a newspaper or turn on the television; you will be bombarded with stories of doom and gloom blamed on the crisis in the real estate market. Can’t anyone see the real problem? The collapse of the real estate market may be contributing to high oil prices, bank failures, the sagging economy, job losses and other economic problems, but the reason for the downfall is simply greed. Speculators, relying on the Greater Fool Theory bid real estate prices up to unrealistic levels and left the last ones holding the properties facing huge losses.
Read More..>>
Chat Transcript – April 4, 2011
Posted on April 5, 2011 - Filed Under Chat Transcripts | Leave a Comment
ATHU Hello Keith! Where are you from?
Roger Dawson Hi Athur and Keith, Mike should be joining us shortly.
Keith Hi All – Keith here from Plano, TX
ATHU Hello Mr. Dawson. I would like to wish you a Happy Birthday with many more to come
Keith Second that – Happy Birthday Roger!
Roger Dawson Thank you Athu and Keith!
Mike_Summey Hi everyone…especially the birthday boy!
Jan-Erik Good evening all
Mike_Summey Hi Jan-Erik
Roger Dawson Thank you Mike!
Mike_Summey Hi ATHU, Keith & Richard
Richard Hi Mike
ATHU Hello Mike
Keith Hey Mike -
Mike_Summey Stormy weather here. I hope I don’t get knocked off line.
Mike_Summey It is supposed to get very bad later tonight.
Mike_Summey Anybody have questions before we get too busy?
