Two New Headlines

1. Chickens are being euthanized because they are starving , chicken feed in short supply. Fowl play is suspected.

2) A phenomenon has occurred in Chicago, billionaire Ken Griffin just sold some properties at a 44% loss, from less than 10 years ago. hmmm. Also, an office tower in East St. louis was listed for three million large ,recently. 8 years ago, it commanded 300 million. A 99% loss. hmmm. As The late Bob Newhart might say, ” Oh Boy.” No exclamation point.

Alas, another very common belief has gone the way of Betamax, the dodo, and water bubblers.i.e.,  You never lose money in real estate.

And we will  not forget the square miles of abandoned houses in Detroit, properties are available for often just the cost of the paperwork….!