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Non-Tech : Investing in Real Estate - Creative Opportunities

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To: John Vosilla who wrote (2557)8/19/2016 10:17:37 PM
From: Riskmgmt  Read Replies (1) of 2722
 
John,
I agree, 175k per unit is way over costs to build in those markets with perhaps DC being the exception.
Three things fueling the apartment market bull case, current low interest rates, low current yields in alternative investments and tax rules that are extremely beneficial. All three could change in the next 6-8 months.

Anyone, private or public buying at these prices could get badly burnt if the next administration isn't so real estate friendly.

The rent not own debate always favours rent after a drop in prices and back to own when home owners see prices rising and talk at the dinner parties swings to how much the house has appreciated.

Happened all before.

R.
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