The Case for Hotels
The housing bubble affected more property types than just housing. Take hotels, for instance. Back in the heyday of the bubble, people could (and did) buy hotels and put big mortgages on them. Just as with housing. Now those loans are coming due. And guess what? Borrowers can’t afford them anymore. They have to come up with cash or sell, much like troubled homeowners. So an extraordinary opportunity exists to buy hotels today. Let’s take [...] The Case for Hotels appeared in the Daily Reckoning . Subscribe to The Daily Reckoning by visiting signup for an Agora Financial newsletter .
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