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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (37944)	9/7/2003 3:31:39 AM
From: Seeker of Truth	Respond to of 74559

Sure, a growing population helps, e.g. Toronto, but sometimes a particular category of real estate has a brighter future than the rest. For example, shopping centres in Europe, where Mom and Pop stores are still quite more prevalent than in North America. Even with a stagnant population, the economy has to use some space to operate in, and must pay the owner of the space for its use. The business will be slow, but not dead. Another point to consider is the urbanization of the population; that still has a long way to go in a country like France, for example. So the cities gain population at the same time that the total population is about constant.