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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: RealityNotFantasy who wrote (27725)3/4/2005 12:24:21 PM
From: John VosillaRead Replies (1) of 306849
 
In my opinion, in the next few years, businesses will migrate to lower cost areas even more so.

Some truth to that but don't forget 2/3 of total business activity is serving the local community. Helps explain why we can have such booms these days in many high growth sunbelt markets with no corporate presence and now a very expensive cost of living while some rust belt areas are dirt cheap and very depressed. Best bets this next cycle might be Houston and Dallas with the best combination of sunbelt location, big city infrastructure in place, lots of available land for growth, affordable housing and huge population growth
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