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

To: MulhollandDrive who wrote (8321)	1/21/2003 6:14:55 PM
From: Elroy Jetson	Read Replies (2) \| Respond to of 306849

boomers nearing retirement may be creating more demand for Condos Profits in Condos are indeed all about timing. The reason homes out-perform Condos in the long term has nothing to do with demand, though. Condo's are roughly 2/3 building value and 1/3 land, while homes are roughly 2/3 land value and 1/3 building. It's the land that appreciates long-term while the building depreciates in real terms. This gives Homes a two to one advantage over Condos.