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01-25-2005

#36

cd34

I'm the guy that pokes anthills with sticks

Join Date: Jan 2005

Location: West Palm Beach, FL USA

Posts: 31

Quote:

Originally posted by Monk@Jan 25 2005, 04:47 PM
what's it work out to when real estate values depreciate... not appreciate?

That is an unavoidable problem in any business. Its just a matter of making the best educated guess you can make.

I've got a few theories regarding making those educated guesses -- regrettably, one of those theories is really poorly timed. Short of certain global events, they aren't making too much more coastline.

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