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By:diogeron

Date: 06/04/07

While the US real estate second home market in places like FL (Naples, Panama City) has tanked, second homes outside the US in Mexico, for example, are going gangbuster. Check out the market in places like Puerto Vallarta, Cabo, Playa del Carmen, etc. and you will find that a lot of Americans, Europeans, and Candians are buying property there because it is still relatively cheap compared to the US second home market in tourist/retirement destinations.

By:Jerry7777

Date: 06/02/07

For years, even decades, real estate has been the object of huge "risk taking" in second and third homes et al. with being able to leverage small sums into millions. Now that the real estate bubble has at leat a crack in it, I would think that huge money is and will target the stock market for a long time.

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