"How To Profit From The Coming Boom In Apartment Real Estate"

While waiting for an afternoon appointment, I scanned through
our office library and found this so-titled gem of a pamphlet.
Written by Milton Klein, it was published by the Apartment
Management Newsletter.   The year was 1980.  It starts out
like this:

                         WHY THERE WILL BE A BOOM IN
                         APARTMENT RENTAL PROPERTY

     In the last 10 years, the economic rules under which we
live and work have changed.

     The average American can no longer expect his standard
of living to improve annually.  He must beware lest his hard
earned savings - perhaps his plan for a comfortable retire-
ment - are devoured by the ravening beast of the new
inflation.

     The "new" inflation is to the old as a raging tiger is to a
kitten.  This fierce inflationary spiral claws away at the
financial security of each American in ways most of us only
dimly perceive.

     Don't expect Big Government to tame our inflationary
tiger.

Thirty some years later, many plans for comfortable retirement
have been ravaged.  Partly because us folks fully bought into the
notion that real estate values always, and only, go up.  Ooops.

By way of full disclosure, for the past four years, our concern
has been deflation not inflation. 

Regardless,  Milton is correct in the essential argument.  For
many reasons it is a good time to invest in apartment real estate.   

Call us.