Saturday, October 23, 2004

So you think you can make millions: "The nation's seemingly endless property boom has intersected with widespread disillusionment with Wall Street and an unemployment picture that has many people scrambling for new careers. As a result, 'dabbling in real estate' has turned into the modern equivalent of whispering 'plastics' into the ear of graduate Dustin Hoffman."—Chicago Tribune

The speculative real estate bubble is underwritten by large mortgage lenders such as Countrywide Financial, hence the company's inclusion, alongside PlanetOut(.com) and our poster child Google, in the Bubble 2.0 Index.