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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who started this subject2/7/2004 6:24:49 PM
From: elmatador  Read Replies (1) of 74559
 
About the young men and real estate discussion:

'Buy land, they stopped make it long time ago' used to be wise advice. Because land was not being made but babies were. Once could always count with more people for a finite amount of land.

Real estate is the only game in town. Have a look at the mortages being used as a way to prop consumption.

The most important point to take into consideration is demographics. The way explained here by twomore and B Fred it will only work when the country's population is growing. If population is stagnated real estate is not the way to make money.

There will be les and less opportunities to make monye If the country establishes a policy of importing population, since they are not being locally produced, then the prospects change.
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