Sunday, November 11, 2007

Get Double the Risk at One Great (as in large) Price

Do you want to buy a home, but feel the residential market just isn't depressed enough for you? Are you looking to really dig a pit for yourself? Then have I got the home for you:

South Brea Lofts, Brea CA.


These bad boys combine a townhome up top, with retail space down below, all for a starting price in the low $700's. They perform the rare feat of exposing the buyer to both the residential and commercial real estate markets in one shot. So, I wonder, will it be the upstairs that plunges the buyer into negative equity first, or the downstairs? Tough call, but if I suspect that most of that retail space hits the market DOA.

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