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

To: fatty who wrote (11914)	7/30/2003 5:18:59 PM
From: Jim McMannis	Respond to of 306849

RE:">Japans real estate market has been declining for about 12 years and they haven't been making any more land either. you said... -I don't know why realtors like to use the "ain't making any more land" sales pitch. I think the first statement refutes the second which was my point...and yours too! RE:"Did anyone know that Australia, a country roughly the same size of continental US but with only 1/10th of the population, is also experiencing unbelievable real estate price appreciation? I hope realtors there won't use the same "ain't making any more land" excuse!" au contraire! any Aussie real estate agent would point out that the land is unihabitable just a short distance from the coast. Ay Mate, they call it the outback.