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The Chicago Tribune Bill Barnhart Market Report column: Chill wind blows into real estate's cozy profit haven.(Column)
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Chicago Tribune (Chicago, IL)
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February 13, 2007
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Copyright informationCOPYRIGHT 2007 Chicago Tribune. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Bill Barnhart
Feb. 13--The age-old pitch to buy real estate went something like this: They aren't making any more of it. Indeed, if the worst case scenario about global warming can be believed, "they" will be making less of it, especially in desirable locales with ocean views. But the outlook for real estate investing depends on the definition of "it." They are making a lot of more it, if you're counting tradable real estate investment vehicles. Like the growth of alluring borrowing schemes for home buyers, the expansion of real estate-related investments in recent years corresponded to the decline in investor appetite for conventional U.S. stocks after ...
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