Where should real estate investors put their cash?

Experts weigh in on getting the best returns -- for newbies, mega-developers and everyone else

From the April issue:  As the Dow Jones Industrial Average nears record-setting territory, would-be real estate investors may be tempted to embrace traditional stocks and bonds instead. But in many ways, New York City real estate is still a more desirable play, according to financial advisers, academics and brokers.

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Sure, some apartments are still selling below their mid-2000s highs, but where full buildings are concerned, prices have increased. [more]