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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: maceng2 who wrote (45123)	1/10/2009 11:47:23 PM
From: arun gera	2 Recommendations Read Replies (1) \| Respond to of 217745

>Generally speaking, people like to live in an environment where they can enjoy good health, and given the choice (money) they will select to do so> True. But that is fairly cheap and can be done with 100 year old technology and 1950 style management. The big driver for real estate property prices is EASY MONEY. In modern societies, easy money is generated by electronic means. Therefore, centers of finance (Wall Street), large government (taxes), media (ads), and software (subscriptions, ads, downloads) have the highest percentage of extremely rich individuals. They bid up the prices of real estate within well managed municipalities that are within 30 minutes of commute from the centers. The rest of the people moving to the area then pay the penalty in the form of expensive real estate, and the real estate gets cheaper as the commute distances increase. The second biggest factor in US towns for higher real estate prices is school district. If a school district is in the top 10 percentile, there is probably another 20-30 percent premium compared to neighboring towns. Successful school districts happen to be in areas with higher concentration of knowledge based workers. For example, in New Jersey, Holmdel in Monmouth County has a good school district because Ma Bell has had a long term presence. You will find very few good school districts in that county as it is more than 1 hour commuting distance from both New York city as well as Philadelphia. About 50-70 percent of local government taxes go towards education. Important services such as water and wastewater cost less than $50 per month per household on the average, unless the municipality is too small. In US, the local government services are underappreciated. The local government is quite efficient and good value for money. New York city spends just about $12 per year per capita on snow removal. You cannot even get the illegal immigrant to clean up one snow storm for that. -Arun

To: maceng2 who wrote (45123)	1/11/2009 6:19:21 AM
From: elmatador	Respond to of 217745

1950's technology forced pile up of people into big cities. As technology progressed -plus the highways buildout- there was no need to pile up people in a few centers. US economy spread out, 'globalized' within the US. Educated people were not found only in the major areas. They could be found elsewhere too. That transformed the US landscape. Today's technology allows a investment to be anywhere in the world. There is -relatively- more educated people. Cheap flights. Cheap telecoms. Thsu you can move to Curitiba tomorrow morning. Only Elroy and MQ thing that the melanin poor have the monopoly of the virtue. Even calling for Victorian 'values' to return... But I know what drove the tran to where we are today. As I know where it is going and who is going to be dropped along the way and who is going to travel first class.