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Subject:  Re: OT: KISS Date:  8/11/2002  2:41 PM
Author:  intercst Number:  73522 of 883341

JWR1945 writes,

BTW, CatherineCoy, the reason that intercst is so hostile to real estate investments is that it has cost him several hundreds of thousands of dollars (mainly in opportunity costs). He has also lived through the real estate disaster in the oil patch area. He has seen first hand how horrible it can be when things go wrong. telegraph also comes from the same area and has lived through that real estate bust. But I don't think that he has suffered as much financially as intercst. That is why I think that telegraph's comments and observations are so valuable to a real estate investor. You yourself have commented at how penetrating his questions can be.

I'm intrigued. How did avoiding the Houston real estate market in favor of investing in the stock market over the past 20 years "cost me several hundreds of thousands of dollars (mainly in opportunity costs)"? It seems to me that the "opportunity costs" would have been born by someone doing the reverse.


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