Dean Gardens, Atlanta's pink elephant mansion has finally sold after being on the market for a whooping fifteen years.

The Pepto Bismal Pink colored manse sold finally with a $25 million price slash.  The house will be demolished soon.

It's 32,000 square feet of, well, unique decorating. The nursery  actually looks somewhat sinister to me.  Kind of reminds me of an old department store here in Nashville where they had carousel horses floating all over the place.

Reasons for selling?

"The operating expenses far exceeded my expectations," says home seller Larry Dean.

Yep, some real estate investments are like that.

Read more about Atlanta's Pink Elephant 

Related articles by Zemanta

• Atlanta's Pink Elephant Finally Sells, $25 Million Off (blogs.wsj.com)

• Real Estate Forecast 2009 As a member of the school's Real Estate Club, I got a pretty interesting update on the real estate forecast for 2009. This is just the summary. The whole article was signficantly bigger. A lot of it is obvious, but it's still a good comprehensive list. Serious dislocation has resulted......
• How to Spot an Investment Bubble Did your investments get slammed because you bought at the top of the market only to curse them all the way down? Were you feeling anxiety because you listened to friends talk about flipping condos for a quick profit and felt like you were going to be left out?  Did......
• Real Estate Investments - Good Idea or Bad Idea? Right now, if there was a market that had bad news written all over it, it would be real estate. The housing crisis has made investors jumpy, the economy appears to be tanking and home values are plummeting across the country. Would you believe that this is actually a good......
• Vulture Investors Love the Real Estate Bubble & the 50% Plus Discounts For vulture investors, the real estate bubble is about to become an all you can invest eat buffet. As a vulture investor myself, I'm finally beginning to see some additional capitulation in sellers (and bank owned REOs) lowering their asking price to meet lower demand. Case in point: a 3BR/2BA......
• Making Your Money Back: Similarities between the Tech Bubble and the Housing Bubble This post is a summary of a private discussion I've had with reader Josh regarding my post on spotting investment bubbles. He asks: When could I reasonably expect my Atlanta condo to be worth what it was 4 years ago when I bought it? I thought the discussion and similarities......

The trend is that people will be moving closer to cities-again.  They will not be locating farther away in the suburbs because of higher gas prices and expenses.  Baby boomers want to be closer to what they need.  They do not want to drive everywhere.  Younger people want the neighborhood experience instead of the big lawn, super maintenance of the burbs.

That means savy real estate investors need to pay close attention to these trends.  This is very important because location is everything.  The younger generations want to connect more- and they want to do a lot of it on foot.  They want to be able to walk around and see their neighbors. 

Baby boomers will be driving less and want to be able to get groceries and supplies without getting into their cars. 

Drive around the outskirts of your city and notice the rehabbing going on in the closer neighborhoods.  If a coffee shop has already opened up, you may be already behind the trend.  Look, observe and then invest in houses that need rehabbing- easy rehabbing.  Or if zoned right, you could just tear down a old house and build a new one or two on the lot.

Read ABC's Special Report: Real Estate Investors Investing Closer to Cities

• The Mortgage Crisis and Investments in Real Estate According to regional and state real estate analysts, the factors which previously fueled the housing boom of the last few years are easy to explain. The factors that fueled this boom in the real instate industry ranged significantly, including: - Interest rates that were historically low. - Flight-Risk Safety Investments......
• How to Become a Real Estate Investor Real estate is a great investment option. One could buy a house, work on it or rent it out, and watch their initial investment double. Real estate can be quite valuable, especially if people buy the right kinds of places. With careful thought given to property types and funding options,......
• Living off dividends [or how to invest in Real Estate for cashflow] While surfing onlne, I came across this blog post: Real Estate as an asset class. Basically this guy wants to be able to live off his dividends at some point and his blog is devoted to that. He's wondering how real estate fits in. He invests in REITS but isn't......
• Real Estate Investments - Good Idea or Bad Idea? Right now, if there was a market that had bad news written all over it, it would be real estate. The housing crisis has made investors jumpy, the economy appears to be tanking and home values are plummeting across the country. Would you believe that this is actually a good......
• Getting Started in Commercial Real Estate on Your Own and Without the Sales Pitch Greetings!  My blog just got hijacked.  I wonder how that happens.....well....I guess the bright side is that the "blog terrorist" felt this blog was getting enough traffic to hijack.  Well....for those of you that had to endure the nonsense....I apologize.  I wish I could tell you it would never happen......

The home buyer tax credit is being questioned by experts.  Did it help?  Was it worth it?

Our question on this blog is what has been taking them so long to ask?

We've been wringing out hands as landlords ever since the first  homebuyers credit went through.  Why?  Because we have lost tenants who jumped ahead to make the deadlines and bought houses.  We were left with empty units during the worst of the recession.

Forbes has a very good article about this and quotes," but don't let appearances fool you."

In other words homeowners were not created out of thin air.

Read Will the home buyer tax credit help?

PR: wait… I: wait… L: wait… LD: wait… I: wait… wait… Rank: wait… Traffic: wait… Price: wait… C: wait…

Related articles by Zemanta

• Lawmakers Move to Extend Tax Credit Closing Deadline (hsh.com)
• First-time home-buyer credit may vanish soon (sfgate.com)

• Five for Friday! - February 20, 2009 Well, we have made it to the end of another rocky stock market week. The Dow Jones was down over 300 points at the end of yesterday's trading and over 1300 points since the beginning of the year. Where is it going? No one knows for sure, but one thing......
• The Economy Smells Like Roses If you believe the government or the popular press, the economy is out of recession and everything is business as usual again. Last month there was an increase in jobs by 162,000, home sales jumped 8.2%, the Dow is now almost at 11,000 and interest rates are inching upwards  in......
• A Young Home Buyer’s Mortgage Primer This guest post was inspired by MLR’s recent update on his home purchase. As a guy in my early 20s, I’m getting ready to purchase a home myself, and the fact that I work for an internet mortgage information services company has given me some interesting firsthand experience with the......
• Tax Information for First Time Home Buyers Every year my taxes are getting more and more complicated. My 2006 return consisted of both income from Illinois and Massachusetts. My 2007 return added self-employed income for the first time. My 2008 return added a solo 401k account and a home purchase. Looking towards the future, my 2009 return......
• The Problems with Small Business Tax Credits President Obama has recently proposed tax credits for small business that he thinks will create jobs. I think he's either fooling himself on the merits of the proposal or is just playing for time and PR by introducing "sounds good" legislation that he knows will not make it through Congress.......

It's easy to use and here's the link.  Free NOI Calculator

Here's a bonus Loan Payment Calculator

PR: wait… I: wait… L: wait… LD: wait… I: wait… wait… Rank: wait… Traffic: wait… Price: wait… C: wait…

• Commitment....overcoming the suck factor! Hello from 30,000 ft on a flight to Tampa, Florida. I am on my way to speak at a real estate seminar. I am looking forward to the event…not because the fact that I get to be on stage…but because of the people I meet! An opportunity to meet more......
• How to Get Out of Trouble in the Real Estate Market If you invested in the real estate market recently and are now regretting that decision, there are a few ways that you can get out of financial trouble. For awhile, the real estate market was very solid and property values were going up. Many experts advised investing heavily in real......
• Why Your Internet Business Needs A Marketing Budget Once you’ve chosen a keyword made web site domain name and uploaded your web site, you’re in business. However you won’t be in business for very long if nobody visits your site. If you are not careful, you might end up spending a tiny fortune promoting your web site......
• Getting Rich While Paying Debt Off One of the wisest things that you can possibly do this year, if you are not already doing it, is to become debt free. Here is something that you may not currently be aware of: Gaining a control over your finances that you did not previously have could actually make......
• Guidance For Online Entrepreneurs: How To Generate Traffic Using Free Methods Putting up a company would naturally need plenty of things, to get direct to the point, you want a capital. To make money requires money as well . But naturally, with the flexibility the web offers, there are many methods you could find that would help optimise the possibilities of......

Foreclosures have not peaked yet and many experts believe banks are slowing them down on purpose- for now.

Why?  Why aren't the banks foreclosing now?

They want to work through their own inventories of default mortgages first.

Then they will start on the newer delinquencies.

Also- here's an important point according to the Calculated Risk  Blog.

"…historically house prices do not bottom until after foreclosure activity peaks in a certain area."

What does that mean?

Prices haven't bottomed out yet in some areas, maybe a lot of areas.

Remember the statistics: 1 in 8 mortgages are in trouble

Read more Housing Doom's opinion

Read Calculated Risk's opinion

PR: wait… I: wait… L: wait… LD: wait… I: wait… wait… Rank: wait… Traffic: wait… Price: wait… C: wait…

Related articles by Zemanta

• Getting A Mortgage After Foreclosure Just Got Easier(zillow.com)
• Disorganization At Banks Causing Mistaken Foreclosures(huffingtonpost.com)
• More than Half of Families Facing Foreclosure Affected by Job Loss According to New NeighborWorks America Report (eon.businesswire.com)
• Summary Box: Foreclosures surge to new high(sfgate.com)

More about delayed foreclosures from the net

Mortgage debt surges as economy picks up steam

“The world economy is stable and beginning to revive, but this revival is slowand there are many uncertainties and destabilizing factors,” mr. Wen told a group of business leaders in Tokyo. “Some countries have experienced sovereign debt crises, for example Greece. is this kind of phenomenon over? now it seems that it's not so simple. the sovereign debt crisis in some European countries may drag down Europe's economic recovery.” India's economy expands 8.6 per cent …

Publish Date: 05/31/2010 23:45

http://www.myforeclosurenightmare.com/mortgage-debt-surges-as-economy-picks-up-steam

Some underwater Americans are simply refusing to pay

They went underwater for a variety of reasons, including the property crisis, medical issues, and the “stupid” decision of their bank to allow them to re-mortgage their home so that they could purchase a truck for their attic-renovation business. … The 1.7 million foreclosure suits current in the United States are increasingly bogged down by legal counter-suits, pressure from government to re-the negotiate, and the sheer volume of workload. The fact that the average …

Publish Date: 06/01/2010 10:16

http://www.foreclosureconnections.com/blog/article/1711/some-underwater-americans-are-simply-refusing-to-pay

The New Deal: Walk Away From Your Mortgage…But Stay In Your House!

Especially when they can buy or rent a similar house for much less just down the street. And although some observers whine and gnash their teeth about how this symbolizes the decline and fall of American morality, it's what corporate borrowers have been doing forever, so it's about time … Mortgage Home Modification Program is the solution to save your house and stop foreclosureprocess Use this free tool to see if you qualify for loan modification http://bit.ly/bCkrEu …

Publish Date: 06/01/2010 5:24

http://www.businessinsider.com/another-reason-the-us-economy-is-feebly-recovering-people-have-stopped-paying-their-mortgages-2010-6

• Wholesale Real Estate Investing Carnival #1 Wholesale Real Estate is Hot!!  If you are not buying real estate now, then what's stopping you!  Real estate has created more millionaires then any other investment vehicle ever!  No need to reinvent the wheel, the path is already laid out.  All you have to do is commit to being......
• The Mortgage Crisis and Investments in Real Estate According to regional and state real estate analysts, the factors which previously fueled the housing boom of the last few years are easy to explain. The factors that fueled this boom in the real instate industry ranged significantly, including: - Interest rates that were historically low. - Flight-Risk Safety Investments......
• The Feedback Loop of Real Estate, Poverty, Crime, Education & Taxes Excellent illustration displaying the interwoven connection, or feedback loop, of real estate to poverty rates, crime, education, property taxes and home values by Jessica Hagy of Indexed.com. I'm a major believer in the idea that visual illustrations, and even on-demand web based video, can be significantly more powerful than text......
• How I Started Investing In Real Estate src="http://pagead2.googlesyndication.com/pagead/show_ads.js"> In September 2000 i caught the flu and while I was probably well enough to go to work, I decided to take a week off and relax. I spent a whole week sitting in Barnes and Nobles reading all sorts of business and investing books. That week I......
• Real Estate Forecast 2009 As a member of the school's Real Estate Club, I got a pretty interesting update on the real estate forecast for 2009. This is just the summary. The whole article was signficantly bigger. A lot of it is obvious, but it's still a good comprehensive list. Serious dislocation has resulted......

My Dad owned a drugstore for 44 years while investing in real estate on the side. Meanwhile he paid rent to one of the richest men in town who owned a lot of  properties just like his.   Plus, my Dad, the tenant did just about all the repairs.

David Bailin, head of global managed investments for Citi Private Bank says it's time to think about investing in triple net leases.

Read more about cashing in on triple net leases from the Wall Street Journal(free section)

PR: wait… I: wait… L: wait… LD: wait… I: wait… wait… Rank: wait… Traffic: wait… Price: wait… C: wait…

Related articles by Zemanta

• Old Dog/New Trick: Triple Net Leases in the Residential Market Pay Double Digit Returns (prweb.com)

The Single Tenant, Net Leased Property Investment

Our favorite is the Triple Net Lease (NNN) which means that the Tenant is responsible for generally everything including structural repair. However every lease is different, and it is best to actually check any lease in the negotiation …

1031 Exchange and Triple Net Lease » Blog Archive » Interesting …

Triple-net-lease properties are usually freestanding buildings in which a tenant agrees to take responsibility for maintenance, taxes and insurance during a long lease—leaving the investor with little to do but collect checks. …

• Commercial Real Estate Investment Tools: FREE Online Financial Calculators Greetings from "Category Five" Cedar Crest, NM. I have a mortage with Countrywide.  I got an email from Countrywide letting me know that I am a "special" customer.  And, since I am so special, they want to offer me huge discounts to get me to refinance my home. Well...I call......
• Ben Stein Loves Real Estate I'm a big fan of Ben Stein's books.I also read his column, How Not To Ruin Your Life. This weeks issue is about letting the non-financially savy spouse in on what to do after you pass away. But best of all, he professes his love for real estate!We're currently somewhat......
• Real Estate: No Bottom Yet? John Mauldin is an investment adviser and president of Millennium Wave Investments. He sends out an interesting weekly newsletter, which most recently focusedon the current real estate market.  It seems like the bottom isn't in sight yet: Analyst contend that much of the bad news in the subprime-loan and housing......
• Real Estate Investments - Good Idea or Bad Idea? Right now, if there was a market that had bad news written all over it, it would be real estate. The housing crisis has made investors jumpy, the economy appears to be tanking and home values are plummeting across the country. Would you believe that this is actually a good......
• Passive Income With Real Estate This post was written by Derek. Have you ever thought about investing in real estate? Do you wonder how profitable it could be? This post was written for you. For those of you that have never thought about real estate as an investment, perhaps after reading this article, you......

Have you got what it takes to get through the storms? 

Do you have enough insurance to cover damages?

Most of all, do you have courage?

As many of you already know we've been through the worst flood in Middle Tennessee history.  The last week has been a test of endurance.  If you think the rain and the wind is the hardest part of it, you're wrong.  The real difficulty is the clean-up.

But in spite of all the hardships and exhaustion, lawsuit threats, difficult tenants, and backbreaking work I still think it is all worth it. 

This little Robin who built her nest underneath my roof near a damaged gutter probably shares that opinion.  She has been sitting faithfully on that tiny nest all during the ordeal.  She was there last Sunday as the winds blew and the rain fell horrifically; as much as 6 inches within 45 minutes at one point.  She never left her children, her nest and her future.

In fact, she's still there.  Waiting with anticipation for the good things that are about to happen.  In the end she knows what we sometimes have to be reminded of- that it is all worth it.   

So that's why we continue to work with our properties and our tenants.  That's why we endure.  Also, I might add, inflation is probably around the corner and most likely our real estate nests will be holding golden eggs.

• Get Rich, Stay Rich, Pass It On: A Mini Review Catherine S. McBreen and George H. Walper Jr.'s book may be misleading Every now and again, publishers sense me books to read. More often than not it takes me a long time to read them. I was sent Get Rich, Stay Rich, Pass It On: The Wealth-Accumulation Secrets of......
• How to Become a Real Estate Investor Real estate is a great investment option. One could buy a house, work on it or rent it out, and watch their initial investment double. Real estate can be quite valuable, especially if people buy the right kinds of places. With careful thought given to property types and funding options,......
• How to Get Out of Trouble in the Real Estate Market If you invested in the real estate market recently and are now regretting that decision, there are a few ways that you can get out of financial trouble. For awhile, the real estate market was very solid and property values were going up. Many experts advised investing heavily in real......
• Is It A Good Time To Invest In Real Estate? Even though I've experienced phenomenal returns in real estate, I think its getting exceedingly difficult to invest in that asset class. If you're flipping houses and you have a good buying and selling system in place, then the story is different, but thats probably your full-time job. If you a......
• Investing In Japanese Real Estate In a previous post I had mentioned that a Japanese REIT was going IPO. I was wondering how I could get in on the action. It seems like a good idea - the Dollar should weaken against the Yen and Japan's Real Estate should appreciate after almost a decade and......

Real estate investors are sharing some of their war stories such as the one where an investor was buying a waterfront property valued at $1.2 million and the owner had mortgages totally around $900,000.

The first mortgage for over $600,000, was being foreclosed upon and to summarize, the investor ended up having to bid for it on auction because the owner had gone bankrupt and…

You can probably guess the rest of the story but it's entertaining nevertheless.

Your hardest deal

PR: wait… I: wait… L: wait… LD: wait… I: wait… wait… Rank: wait… Traffic: wait… Price: wait… C: wait…

Related articles by Zemanta

• Fannie Mae gives incentive to short sale homes over foreclose (agentgenius.com)
• Housing bubble ready to burst? (thestar.com)
• "Foreclosure Stories and Goldman Sachs" and related posts (pubcit.typepad.com)

• Commercial Real Estate Investing For Beginners: You Bought a Course From A Real Estate Guru? What the HECK did I just buy from that fast talking clown? Will This Real Estate Investing Course Work For Me? Emily Cressey Real Estate Investor and Coach When you're just getting started in real estate investing, it's easy to get caught up chasing big dreams and money. Especially......
• The Mortgage Crisis and Investments in Real Estate According to regional and state real estate analysts, the factors which previously fueled the housing boom of the last few years are easy to explain. The factors that fueled this boom in the real instate industry ranged significantly, including: - Interest rates that were historically low. - Flight-Risk Safety Investments......
• Real Estate Investments - Good Idea or Bad Idea? Right now, if there was a market that had bad news written all over it, it would be real estate. The housing crisis has made investors jumpy, the economy appears to be tanking and home values are plummeting across the country. Would you believe that this is actually a good......
• Investor Mistakes: How To Avoid Making Common Mistakes Investing in Commercial Real Estate Part 2 Greetings from New Mexico! I just screwed up my blog and so I am retyping the first paragraph....and I cannot remember what I wrote. I am having all sorts of problems with my blog. First of all, I just figured out that by adding video to my blog, the HTML......
• Commercial Real Estate Q&A #3: Running from Hotels and Successful Commercial Real Estate Investing Strategies Steve Maxwell's take: I also prefer commercial RE over residential … although both have their benefits.  2 of the biggest reasons for my preference are: 1. Leverage – I’ve found that acquire a multi-unit property such as a 200-unit complex is no where near 200 times as much effort......

Image via Wikipedia

Should you now invest in REITS?  The New York Times has an article which is giving the advice, that yeah, it's probably okay.

So what I think that means is most REITS are safe as long as they aren't heavily into commercial properties because commercial has not bottomed yet.

Also be choosy.  Don't choose a REIT with a lot of office buildings because unemployment is still too high. It's a given that office buildings need to be filled with people who have jobs.

The article also talks about real estate mutual funds.

It's interesting.  Read How to Avoid Real Estate Investing Overdose

PR: wait… I: wait… L: wait… LD: wait… I: wait… wait… Rank: wait… Traffic: wait… Price: wait… C: wait…

Related articles by Zemanta

• Some See Commercial REITs Rebound (online.wsj.com)

PR: wait… I: wait… L: wait… LD: wait… I: wait… wait… Rank: wait… Traffic: wait… Price: wait… C: wait…

• 10 Worst Real Estate Markets In 2009 As I mentioned in a previous post, the real estate market hasn't hit bottom yet. According to an Article in Fortune Magazine, 8 of the top 10 worst real estate markets in 2009 are in California. The range of the predicted price decline is between 20 to 25%. 1. Los Angeles 2008 median house......
• Real Estate Investments - Good Idea or Bad Idea? Right now, if there was a market that had bad news written all over it, it would be real estate. The housing crisis has made investors jumpy, the economy appears to be tanking and home values are plummeting across the country. Would you believe that this is actually a good......
• Commercial Real Estate - What Asset Types Are Best To Invest In? Apartment Buildings Mini-Storage/Self-Storage Senior Housing Raw Land Entitled Land, Ready-To-Build Office Buildings Mobile Home Parks Campgrounds/RV Parks Car Washes Ground Leases (With a business on the land owning the building it occupies - a common model for fast food franchises) Hotels Golf Courses Entertainment Centers (mini golf, go carts,......
• Things to Consider Before Investing in Real Estate This post was written by Tony.  Real estate is a great investment, because as Teddy Roosovelt once said “you should buy land; they’ve stopped making it.” It’s a great uber-long term investment. But like any good investor, you need to realize a few important points before jumping into the......
• The Commercial Real Estate Blog Sphere - News and Articles #4 Greetings from the metropolis of Cedar Crest, NM! I think most of today's list of articles and news topics on commercial real estate wear the "Thank you Captain Obvious" label. Everything I read had the same message...but the perspective is interesting....from commercial leases....to the Fannies! Also...take a read of Mish's......

Real estate market bottom.  Where exactly is it?  Should we be obsessed with trying to figure it out or should we keep on working and investing because sooner or later it will come back? 

We're hearing more chatter about yet another group of  ARM's coming due plus the government real estate bailout was basically a fake detour and will not hold up much longer.
It may be a long hot summer for many homeowners who are worried about their jobs.  If they don't have a job they can't pay the mortgage.

But there's another very important point if real estate prices continue to fall in some areas.  That means there will be deals for real estate investors who have the money or can get the money. 

More on that from Property Grunt.  (Sorry about some of his language)

He makes a very good point that we've been stressing for a long time.  Banks are in the lending business.  They are not landlords. 

Go to Property Grunt's rant  It's a Madhouse

Amazingly he points out that some distressed homeowners are actually being paid not to walk away from their mortgages.  Unbelievable, but he has the evidence.

But the debate continues….
Early signs of a 'double dip' in housing prices – MarketWatch

One in five housing markets entered a second leg of home price declines in late 2009, after showing price increases for nearly half of last year, according to a report released Wednesday by Zillow.com, a real-estate Web site. … a brief respite from a larger market correction that has not yet run its course," he said. Still, Humphries said markets that see a "double dip" in values before reaching a bottom won't see a return "to the magnitude of depreciation seen earlier. …

San Diego Homeowners – 12 Years To Recapture Lost Equity? | San …

No doubt, San Diego is seeing a few green shoots in the housing market. This is especially evident in the low end of the San Diego real estate market. … By the time the market hit bottom – at least the bottom according to Case-Schiller – that property was worth $134800, a decline of 32.6 percent. Using HSH's assumptions, the value of our imaginary house won't rise back to the $200000 the buyer originally paid, until 2022. It will be 12.5 more years until this condo is …

Irvine Housing Blog – Irvine Real Estate and Resale Homes – No …

HSH is predicting a flat real estate market with no increase in value through June 2010. Then, from July 2010 through August 2011, a period of 14 months, prices are projected to increase at a rate of about 2.5% a year. …

• Is It Still A Good Time To Invest In Real Estate? Well, it depends on a lot of factors. Like where you're investing. There's a really good site called Housing Tracker that tracks the inventory and median home price for major cities. It has a pretty simple interface and its a great resource. Looking at Los Angeles I saw the inventory......
• Honing Your Investing Skills Has Never Been Easier. Sign Up for Our Free Commercial Real Estate Investing Videos! [/caption] Greetings from Cedar Crest, NM.  We are officially in the monsoon season...so "they" say.  The title "monsoon" gives the wrong impression...I think. I understand that the "monsoon" season is a time when an area receives most of it's rain....but I think the word "monsoon" is a little dramatic.    Maybe......
• Top 50 Reasons To Invest In Real Estate Right Now! Someone said to me the other day, "since we are in a recession, give me one good reason why I should invest in real estate?"   It caught me off guard , I couldn't even answer the question because it was just too overwhelming to me .  I couldn't see how someone could be......
• San Diego Golf Academy -- Go to Golf College For a Golf Career  If the sport of golf is your passion in life, you need to consider attending the San Diego Golf Academy.  Through programs of study at the San Diego Golf Academy (SDGA), you will gain both practical experience and a thorough understanding of the golf business.  Graduates of SDGA can turn......
• The Mortgage Crisis and Investments in Real Estate According to regional and state real estate analysts, the factors which previously fueled the housing boom of the last few years are easy to explain. The factors that fueled this boom in the real instate industry ranged significantly, including: - Interest rates that were historically low. - Flight-Risk Safety Investments......