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Non-Tech : Investing in Real Estate - Creative Opportunities
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To: John Vosilla who wrote (1798)7/3/2013 11:33:17 AM
From: tejek  Read Replies (1) of 2722
 
Rents in more and more markets hitting all time highs. Prices where the plutocrats and very well off live like in Manhattan and Beverly Hills and Silicon Valley and tony parts of intown Boston are at all time highs too. You are right if you look at the metro areas overall they are not near all time highs being dragged down by everyone else. Exhurbs of many overbuilt submarkets might still be falling

That article I posted is looking more at housing prices. However, rents have jumped up but if Seattle is typical, they are plateauing now.
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