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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 408.23+2.3%Dec 22 4:00 PM EST

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To: THE ANT who wrote (93938)8/27/2012 8:45:14 PM
From: Haim R. Branisteanu  Read Replies (3) of 218665
 
relating to "housing" in general terms, as an investment, is misleading and therefore general pricings of such assets are also not a preferable guidance, as RE prices are very highly dependent on time and location, guided by economic development in the nearby area, with a clear bubble like tendency in pricing.

Buying a home or an apartment in the "neck of the woods" in a forgotten place will look as a losing proposition, but if nearby something unexpected, like a very positive economic event would happen and development of new dwellings will flourish and construction will take off, the original buyer will look like a RE genius.

Same applies in reverse, to let say Detroit or Gary Indiana which downtown RE two or 3 decades ago was at least 10 times today prices. I may be not totally accurate but I hope you get the sense what I intend to write.

Therefore in my previous post I mentioned proven investment grade RE which by itself is hard to choose from the example above. Or compare Macau casino strip now versus let say 30 years ago and many similar examples are around the world.
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