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Non-Tech : Investing in Real Estate - Creative Opportunities
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To: John Vosilla who wrote (2192)4/1/2014 7:58:14 PM
From: gcrispin  Read Replies (1) of 2722
 
It is interesting to read what is happening east of the Atlantic.

opp-connect.com

I have a niece studying German in Berlin. She says that most of the students in her language school are French. They want to improve their German for the simple reason that they want to find employment in Germany. Certainly a low unemployment rate, high wages, an inviting physical and cultural climate, and low interest rates are important variables to housing prices.

FWIW, I do believe that Prop 13 has played a role in keeping people from selling their homes. It most likely has contributed to a great deal of remodeling in CA. Of course, the effect is mitigated over time as houses are eventually sold and reassessed.
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