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Nesgroup address: misc.invest.real-estate - Date & Time for the message: Sun, 11 Sep 2005 22:57:17 -0700
/ Author of the message: "Adam Russell" |
Title of the message: |
Re: How do I short real estate before the bubble pops?
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Text of the message: |
"baby squirrel" <markdemers15@hotmail.com> wrote in message news:1126498032.002279.22030@g43g2000cwa.googlegroups.com... > a) stop putting words in my mouth; I'm not considering $50K to be zero; > I'm saying $1M is 20x > as much as $50k, so you should take that into proper consideration, > dumbshit. You originally said "If you are rational, what you "behold" as value depends on how much you can eventually re-sell it for". That implies that the value of a home is almost if not entirely contained in its resale value. It is not. Now you are qualifying your statement by saying (paraphrased) "well its $1M resale but only $50k ((per year)), and $50k is so much smaller than $1M that it is insignificant". But that is also wrongly stated since it is not $50k, but $50k PER YEAR. I dont know anyone that stays in their home for just one year and then sells it. If a person were to stay in their home for 20 years |
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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.