Friday, Apr 20, 2007
After Spending Big to Strike It Rich, Some Speculators Coming Up Broke as Market Cools
ABC News: Real Estate Leaves One Investor High and Dry
In Sacramento, Calif., not far from where prospectors sought quick riches in the gold rush more than a century ago, another speculative boom is going bust.
This time, however, it's not the lure of precious metals — it's real estate.
Story of how one US property speculator seems to be spectacularly crashing and burning.
Posted by donzy @ 03:38 PM (145 views) Add Comment
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