Real estate '05 = Dot-com '99?
Wow, there are many similarities between the 1999-2000 Dot-com boom and today's real estate market. A red flag for me is the fact that over the past two years, 25 Harvard biz grads have entered the real estate industry.
There are also some differences between RE and the dot-coms......check out this front page article.
Trading Places: Real Estate Instead of Dot-Coms [NY Times] registration required