Posted on 07/29/2007 5:54:53 AM PDT by RayChuang88
In San Francisco new luxury condo towers are being built on a 1.3 acre site that will house 2,000 people. While it's technically true new land isn't being created, virtual land is pretty unlimited.
Americans have stopped making children. That will eventually turn real estate into a sub-par investment.
newspapers have been rip offs for years for classfied ads... $70 to $150 a week to run a classified add... crazy.. Craiglist and other free sites are cheaper and more effective... Newspapers haven’t realized what they provide on those classified pages are not cost effective... they refuse to review and modify their model so they continue to bleed money
I don't know about that. A LOT of single people are buying real estate, and even more DINKS (Double Income, No Kids).
But 50 years from now the DINKs will be selling their real estate but to who? There will be more supply than demand.
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