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Brookfield's Sure Bet

August 19, 2009

Brookfield's $4.9-billion bet on the bottom | www.theglobeandmail.com

Brookfield's bet on the bottom of the market is an excellent strategy to tie up distressed lots before the housing market starts it's upward trend. The real question is where lot prices are going to go when the existing market is bought, and with no new lots in the pipeline, how high can prices go?

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