Theme: Real Estate
Its interesting that the same audience that prefers People and Time and CNN over WSJ and CNBC are more interested in real estate now than the financial markets. Sure, stocks have done nothing in 2004. Sure some older folks have sworn off stocks altogether. But, it is not a healthy sign that they are approaching real estate with the same fervor as they did stocks in 1999.
The real estate run is probably over, unless the Fed decides that Deflation is still the fear.
Cable news network CNNfn is tweaking its programming schedule and will announce today that it will replace a stock market show with a new program devoted to real estate.
Gerri Willis, CNN's personal finance editor and author of "The Smart Money Guide to Real Estate Investing," will host "CNNfn Open House," which will hit the airwaves on June 28. The show will air from noon to 12:30 p.m. and will re-air at 3 p.m. each weekday.
Its interesting that the same audience that prefers People and Time and CNN over WSJ and CNBC are more interested in real estate now than the financial markets. Sure, stocks have done nothing in 2004. Sure some older folks have sworn off stocks altogether. But, it is not a healthy sign that they are approaching real estate with the same fervor as they did stocks in 1999.
The real estate run is probably over, unless the Fed decides that Deflation is still the fear.
posted by Johnny @ 6:53 PM
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