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ProShares UltraShort Real Estate Message Board

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  • lzymoney01 lzymoney01 Mar 28, 2009 11:56 PM Flag

    why i continue to hold SRS

    I just traveled through Vegas, and some projects that were stopped including the 8 billion dollar one off the strip are back up
    and running, they will never sell the condos, or fill there vacancies, but if they got financing everyone else will to, I think there might be some huge problems down the line when they do not have enough rental income or sell enough space to make there payments. the govt is way over leveraged, and they just keep printing money and buying there own treasuries, we are not going to be in a good position by this time next year. you cant go around giving and loaning everyone money without regard on how they will pay it back, this is only a temporary fix, but the markets could rally with the good news this influx of cash into the system will cause.

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