Where there is a collapse in asset prices you will find distressed asset investor Wilbur Ross (Trades, Portfolio) digging for opportunities.
Today he is looking at European real estate in countries like Ireland and Spain, both of which have had waves of foreclosures.
He especially sees upside in Spain where properties have higher vacancy rates and offer more upside if an investor can fill the property.
Also check out: Wilbur Ross Undervalued Stocks Wilbur Ross Top Growth Companies Wilbur Ross High Yield stocks, and Stocks that Wilbur Ross keeps buying
About the author:Canadian Valuehttp://valueinvestorcanada.blogspot.com/
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