Posted by Jason (SC) on September 23, 2004 at 17:17:26:
I could not go to the link but I would like to say that I do not think any well educated investment can be considered speculating. If your investment is made from an educated point of view and you have enough information, you should know what not to buy and what not to pay for a piece of property.
I do think there are a lot of uneducated people out thier thinking Real Estate is going to make them a millionair and they run out and pay over market value for a piece of property that they may never get thier money out of and will never pay for itself. I am a Real estate agent I see this all the time.