“It’s on the way up now, and I’ll bet it will go up for a while, but you can never be too sure” – Robert Shiller

Blackstone and other investors will likely learn the lesson from the lenders that it is better to drip out the inventory in small increments. They can monitor the values of each property easily enough, and sell at peaks.

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

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