Million dollar madness in hot L.A. house market

Who is this "Pacman"?

"In a market where a software billionaire dubbed "Pacman" has gobbled up a dozen Malibu properties for $180 million and an ocean-view trailer with an asking price of $1.4 million barely raises an eyebrow, buyers need nerves of steel and mountains of cash."


Yahoo News

posted by author @ 6:44 PM,

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    Is there a Housing Bubble? Is Real Estate still a safe investment?
    I don't have these answers, but I do have a whole lot of evidence that realtors are resorting to 'unusual' tactics to drum up business.

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