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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Mon, 21 Feb 2005 10:59:21 +0000
/ Author of the message: Biwah |
Title of the message: |
Re: study finds fifth of the U.S. market significantly overpriced
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Text of the message: |
On 21/2/05 9:51 am, in article 421cadba.208248024@shawnews, "user@127.0.0.1" <user@127.0.0.1> wrote: > One-fifth of the nation's housing market is significantly overpriced, > but the overall market is financially sound, new industry research > shows. The US real estate market depends on: 1) the income tax subsidy 2) economic prospects in particular areas 3) trickle down (as those with the most money bid up the prices of the most desirable properties, the prices of lesser properties rise as others are pushed further down the ladder) AMT is going to be a disaster for real estate prices in NY, CA, MA and NJ http://www.nytimes.com/2005/02/21/business/21tax.html Usenet copy(ies): http://tinyurl.com/4ga5x I don't see a collapse of markets in most of the places where (1) there are jobs and (2) people want to live. But there may be no profits to be had for a decade. And losses are not impossible, they've happened before. And |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.