housing crash

http://profunds.com/profiles/profile.asp?id=134


-PROFUNDS SHORT REAL ESTATE-

-The Short Real Estate ProFund provides inverse exposure to the Dow Jones U.S. Real Estate Index-

 

Profunds is a good company. Great customer service and friendly. I wish their new real estate fund was an inverse 2x like many of their other funds.

 

Probably best viewed as a "Mortgage Debt Bubble" than a housing crash.

 

don't you worry ... if the CME has it's way

next year you will be able to trade housing futures


-Profunds is a good company. Great customer service and friendly. I wish their new real estate fund was an inverse 2x like many of their other funds.-

 

Are you going to trade them ?

 

Actually, if a person owned a bunch of bubble area real estate and couldn't really sell it due to multiple tax considerations...hedging via this Profunds vehicle might make sense. You wouldn't even trade the Profunds in the conventional sense, just hedge off your physical real estate to protect your net worth. This is something many conservative investors will be looking at.

I am sure that new Profunds asset class will be a hit.

 

the action in FNE + FRE ... is making be nervous

and I do not have any ARM's to worry about

:eek:

 

2006 is coming soon to a derivative theater near you

www.cme.com/about/press/cn/05-129HousingIndexAgreement15738.html

 

Just another way "they" are going to hold up the housing market...!!

 

Just wait until water is traded as a commodity. Maybe oxygen will be next. And you thought that $3.00 gasoline was bad . . .