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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: gregor_us who wrote (7345)6/1/2004 10:07:33 PM
From: TraderC  Respond to of 116555
 
I have to agree with you that real estate market is not entirely local. However, the nonlocal nature exists only within national boundaries, or EU boundary as an exception. Moving between countries is still severely regulated by immigration rules.

In other words, Japan and Australia RE markets are so disconnected from the United States that I see little resemblance with, or influence on the US RE market.