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Land can be a tremendous wealth creator if executed correctly. It may not pay your rent today, but it’s definitely something you need to add to your collection of “hope certificates”.
There is about $400 billion in quality, stale commercial developments that have been halted and are ripe for the picking.
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The turmoil in Europe continues to make the US banking system look increasingly less stable. You can bet there will be a land grab and land-related assets will be bid up.
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