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Lansner on Real Estate ~ The latest news about the housing market from Orange County Register columnist Jon Lansner.

Really? Rich investors want more real estate

November 30th, 2009, 6:00 pm · 11 Comments · posted by Jon Lansner

really

Real estate news and views from around the globe that make you go, “Really?”

  • BULLISH: 35% of high-net-worth investors surveyed say they plan to increase investments in real estate (OnWallStreet)
    MORE HERE!
  • BEATEN: Banks feel pain of failed Myrtle Beach real estate deals (CharlotteObserver.com) MORE HERE!
  • BANG! U.S. banks already taken two-thirds of up to $2.6 trillion in credit losses, Goldman Sachs said. (Reuters) MORE HERE!
  • BUSTED: Dubai’s debt woes could further unhinge an already fragile U.S. commercial real estate market (Reuters) MORE HERE!
  • BELTED: Canada’s Toronto-Dominion Bank has big exposure to troubled U.S. commercial real estate market (Globe and Mail)
    MORE HERE!
Posted in: Odds & ends
 
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 11 Comments

  • shockg says:

    Who doesn’t want more real estate.

    • NoFreeLunch says:

      Who doesn’t want more real estate.

      Bank of America
      Wells Fargo
      Freddie
      Fannie
      Citi
      JP Morgan Chase

    • NoFreeLunch says:

      Shockg- You may be correct at a mirco level. However, I think a few people willing to buy does not add up to a RE bull market.

      Nov. 30 (Bloomberg) — Individuals with more than $800,000 to invest plan to increase their property holdings because they foresee better long-term returns than from stocks and bonds, according to a Barclays Plc global survey.

      Twice as many people plan to raise their investment in commercial and residential property as intend to reduce it, the Barclays Wealth unit said in an e-mailed statement today. The richer the individual, the greater the proportion of wealth is placed in real estate, the survey found.

  • CoolView4375 says:

    Some of us low worth investors would also like to increase their real estate holdings. But there are too many “For Lease” signs for me to buy. What good is a bargain price if I can’t rent it out? Kind of defeats the purpose of buying an investment property.

  • Boeing Huntsville says:

    Doesn’t that mean 65% of HNW investors do not plan on increasing investments in real estate?

  • rationalley says:

    Have they heard of Santa Ana?

  • ocleasedlifestyle says:

    the banks can’t hold them forever!

  • shockg says:

    Yeah and the Market needs them because so many want a home right now.

  • foolishpleasure says:

    I nominate shockg for fed president– WHY
    because as dumb as shockg is- hes like albert einstein
    when compared to ben bernanke– heres the proof

    http://www.politics.ie/foreign-affairs/83099-bernanke-why-do-we-still-listen-guy.html

    why isnt bernankes total incompetence front page news on
    every newspaper in the nation?

  • shockg says:

    I nominate Illegalpleasures for President of the United States.

  • cliff says:

    is it possible to get investors interested in buying property in kenya?