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

To: John Vosilla who wrote (30155)4/27/2005 5:56:32 AM
From: Haim R. BranisteanuRead Replies (1) | Respond to of 306849
 
From what I recall that is true. The dynamics of the housing and RE markets in Europe are different and homes are build at a higher quality (at least it was in the past) than in the US and therefore last longer and are more expensive.



To: John Vosilla who wrote (30155)4/27/2005 5:09:25 PM
From: MoominoidRespond to of 306849
 
None of that is true in Britain at least. And houses have poor construction, but never built of wood (except roof rafters). Average size of a dwelling seems to decline over time instead of increase in the US. The rental market has been really messed up in Britain and so the homeownership rate is high but there is a lot of public housing though a lot of that was sold off to the tenants...


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