Betting on the hot real estate market, literally
Saturday, June 24th, 2006 In what might be one of the more audacious examples of the real estate frenzy gripping the United States, a California-based Internet company is allowing participants to gamble on the direction and magnitude of home prices.
HedgeStreet Inc. has launched trading in six new “hedgelets” grounded in the price of houses in Miami, Chicago, New York, […]