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"real estate is the safest place to put one’s money after Treasury bills."

Started by nyc10022
about 17 years ago
Posts: 9868
Member since: Aug 2008
Discussion about
I don't know how I didn't catch this before, but check this one out. From Kirk Henckels, the director of the private brokerage at Stribling & Associates... "In this uncertain time, real estate is the safest place to put one’s money, he said, after Treasury bills." The sickest part of this is... this broker claimed he told this to a FRIEND... he "assured him the co-op would rise in value by the time the reluctant buyer decided to move on." http://www.nytimes.com/2008/09/21/realestate/21deal1.html?ref=realestate If brokers will do this to their friends, imagine what they've been doing to their clients...
Response by ootin
about 17 years ago
Posts: 210
Member since: Jul 2008

This is several day old news.

Also, why is it deserving of a separate discussion topic?

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