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Rob Nelson writes me
I saw a sign today that might fill your markets in everything and countercyclical assets categories.
"Foreclosure Bus Tours800-XXX-XXXX"
The availability of the tours is the market is anything.Equity in the tour company will be the asset.
Posted by Tyler Cowen on February 20, 2009 at 12:17 PM in Economics | Permalink
Comments
But it's not a countercyclical asset. Right now I can see loads of forclosed homes all on my ownsome, why pay a tour company? During a housing bubble when everyone's buying and I can't find a foreclosed home anywhere, it would be I suppose a little taste of the exotic.
Posted by: Sanjay at Feb 20, 2009 1:38:09 PM
I hate censorship.
1-8-777-BusTours
1-419-789-7231
http://www.mnforeclosuretours.com/
and many more.
Posted by: Dave Barnes at Feb 20, 2009 11:14:03 PM
This is just people who have spotted an ideal opportunity to earn money in this recession. It would be good for us if we could spot an opportunity as good as that. Any way i am in a fixed and virtually secure employment. I would not be able to start a business even if i spot an opportunity.
Posted by: Investors times at Feb 21, 2009 5:54:28 AM