But I think Newark would be the safer choice if you're going to speculate like that.  

Which is even more reason to speculate that we may need a banking system in place with modern reforms that will better manage risk in order to eliminate systemic problems that originate in one part of world without bringing down the economies of the rest To do that it might make sense to introduce a global banking system that would issue a new global currency used throughout the world to help mitigate those risks.

Elliman & Company, assured The Times that the real estate industry in New York was far too prudent for speculative ventures.In any event, he said, fail-safe protection was provided by “the conservative policies of lending institutions, whose executives refuse to make loans in excess of conservative valuations.â€E-mail: [email protected]

You can set up your cashflow in a place like that and then flip, speculate, whatever you want to anywhere else.Tim

Well, maybe lenders do not want to finance your speculation and a first timer  (since you do not have other rentals to cross-collateralize for a down payment).   

That's speculation. 

The line separating investment and speculation, which is never bright and clear, becomes blurred still further when most market participants have recently enjoyed triumphs.

But I know there has been a lot of speculation regarding lease options in Texas because the requirements are written into Title 2 CH 5 which also covers contract for deeds.

But, the downside is that the increase in price is speculative and may not continue for the long term.

Birmingham is not as Speculator(bubble Money) friendly as Florida and California.