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Nesgroup address: misc.invest.real-estate - Date & Time for the message: / Author of the message: awouk@blackhole.nyx.net (arthur wouk) |
Title of the message: |
Re: FT: Owners offloading homes onto flooded market
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Text of the message: |
In article <BE55C1B6.5DD68%sufaud@hotmail.com>, sufaud <sufaud@hotmail.com> wrote: :There are particular things at work that make generalizations unwise in :property. : :The bulk of the property market can collapse, as indeed happened in the UK :in the late 1980s and early 90s. But with the rich (the U.S.'s "New :Aristocracy", favored by Bush's tax cuts) getting steadily richer, that part :of the high-end market in broadest demand should hold steady or increase. :Even thought the Middle Class is shrinking. (I don't mean the one-off :palaces in Hollywood and on Long Island, but good Manhattan and Chelsea :(London) row houses and apartments.) : :Also, so long as professional salaries hold steady, the best one- and :two-bedroom rentals should hold up. : :But there is a bubble for sure. How these speculators get all that credit :that later buries them I don't know. My bank -- even knowing I have a lot of |
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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.