Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Robert Douglas who wrote (511)	8/29/2001 3:43:39 PM
From: Tradelite	Read Replies (1) \| Respond to of 306849

Oh, I see....today's younger generation believes that real estate has suddenly stopped it's centuries-old trend of appreciating over time. I guess you also believe that about the stock market. (I admit, it's easy in the present stock market to suspect the stock market won't grow any more, but to fully accept this, you must believe that the growing American and world population won't buy or need more goods and services and create growth for companies.) To believe that real estate will not continue to appreciate, you must also believe that land will get more and more plentiful and therefore cheaper, and the population won't grow and need more homes, and that life as we know it on earth will completely change. I can tell you this.....I live in Fairfax County, VA, and there is absolutely, positively, no more land on which to build housing. From here on out, old housing must be torn down and replaced with newer buildings, but the square footage of buildable space will not grow. Everyone is entitled to an opinion. Either you want a long-term real investment or you don't. No one is going to change your mind.....certainly not me.