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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Sat, 7 May 2005 11:36:48 -0400
/ Author of the message: "Sgt. Sausage" |
Title of the message: |
Re: The Real Estate Bubble
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Text of the message: |
<user@127.0.0.1> wrote in message news:427b97d1.262814617@shawnews... [snip] I'm an old-school "supply and demand" kind of guy. I also buy real-estate for the long-term (30+ years) rather than buy/sell/trade like stocks. Where do the two fit together? Population in this country has, is, and will be (at least for my lifetime) generally increasing, and increasing at a hefty pace. In early school, they told me there were "just about 200 million" folks in the U.S. Today, I see numbers on the order of 300 million. That's a 50% increase in the years between school and now -- and I ain't had my mid-life crisis yet. I've still got a lot of time left (I'm only 35). The way I see it, population will continue to grow. Supply and demand tells me that more folks will be after fewer and fewer houses. Sure, they'll build more, but the *land* will start getting scarce. They aren't making any more of that. They can't. What does supply |
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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.