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  • Residential Housing ETFs Reflect Recovery Expectations  [View article]
    Actually, these instruments reflect a more optimistic outlook than you think. Their price also reflects the risk of an early termination and the fact that the high expenses will eat away at the NAV of the vehicles: blog.lucidrealty.com/2.../
    Sep 16 07:30 am |Rating: 0 0 |Link to Comment
  • Is There a Bad Bet with the MacroShares Housing Funds? [View article]
    There are actually several subtleties with these instruments. For one, the expenses are likely to be higher than 1.25%. I cover the issues here: blog.lucidrealty.com/2.../
    Aug 31 05:57 am |Rating: 0 0 |Link to Comment
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