US markets hit by the subprime crisis, such as in Michigan and California, should be considered with caution. Photo: Bloomberg US markets hit by the subprime crisis, such as in Michigan and California, should be considered with caution. Photo: Bloomberg
US markets hit by the subprime crisis, such as in Michigan and California, should be considered with caution. Photo: Bloomberg

Investors should be cautious with bargains in US subprime markets

Subprime real estate can offer tempting bargains, but investors should be wary of pitfalls, writes Peta Tomlinson

US markets hit by the subprime crisis, such as in Michigan and California, should be considered with caution. Photo: Bloomberg US markets hit by the subprime crisis, such as in Michigan and California, should be considered with caution. Photo: Bloomberg
US markets hit by the subprime crisis, such as in Michigan and California, should be considered with caution. Photo: Bloomberg
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