Are you a Boston gambler? Do you want to play the newest high stakes Boston real estate game? This should be interesting: the following excerpt is from a San Francisco newspaper…..lets roll the dice:
With the near future of real estate still in question, investors have been hungry for a fast way to play the market or to hedge against their volatile portfolios. Futures contracts have been an extremely popular method of balancing a portfolio in other markets, and real estate is, with a little knowledge, now in the same boat.
In 2006, the Chicago Mercantile Exchange (CME) started trading futures contracts for the S&P/Case-Schiller Home Price Index, which covered both U.S. residential and commercial properties. The Case-Shiller index, originated in the 1980s by Karl Caser and Robert Shiller, is widely considered to be the most reliable gauge to measure housing price movements.
All I can say is, if you’re looking at this sort of thing, please, please, please be very certain you know what you are doing. You can make a lot of money very quickly. But you can lose it just as quickly especially – if you’re reading the Boston Real Estate Blog for your Boston real estate advice.
File Under: Double or nothing!
