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The surest way to make money in real estate
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Monday, June 08, 2009
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By Paul Kedrosky in Infectious Greed:

Pace Fake Steve Jobs, there should be some sort of Fake Niall Ferguson site. The economic-historian-media-guy-Krugman-critic now and then drops these deliriously pompous bits of prose that simply cry out for parody.

Here he is on his real estate investing exposure:

But I probably had rather more real estate than I wanted, though my strategy has been consistently to buy historic real estate on both sides of the Atlantic. Nothing I own was built after around 1800. There is a premium on things that can't be replicated.

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More on real estate:

Huge sign U.S. housing has bottomed

If you think real estate always does well over the long term, you're insane

Top analyst Gary Shilling predicts explosion in "underwater" homeowners, stock crash


Topics: Real Estate
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