| 09.07.2009 - Billions available for urban real estate investors |
| From Seekingalpha.com: Almost $4 billion in Federal grants and an almost equal amount of matching State and Local Grants are pouring in to targeted urban areas for the purchase, renovation, demolition and new construction of homes. My opinion is that this operation will ultimately fail. But for the investor, the ability to purchase and make use, for better or worse, of real estate with this manna from heaven is compelling as an immediate investment opportunity........Full Article: Source |