There is no better investment, no better thing to buy, no better hedge in
any economy than real estate.
In fact, stock market weakness generally has less impact on the real
economy than real estate weakness.
Not exact matches
What is making the situation worse in terms of growth, says Poloz, is that boomers in the developed world have been putting their money into
real estate rather
than investments that can stimulate the
economy.
It's got all this stuff in the news, with ghost cities and
real estate markets crashing, but when we think about it, if the U.S.
economy is forecast to grow somewhere between 2.75 % and 3 % for 2015, and China is growing at 6.5 % or 7 %, we're still looking at essentially twice the U.S. [growth rate] on a much bigger base
than 10 years ago,» she says.
«The
economy here is much more diversified
than it was, say, 20 years ago and not as vulnerable to fluctuating commodity prices,» explains Michael Kehoe of Fairfield Commercial
Real Estate.
Insolvent homeowners in Europe face a lifetime of literal debt peonage to make the banks (even foreign banks, which dominate Central Europe's post-Soviet
economies) whole on their bad debts as the continent's
real estate prices are plunging even more steeply
than those in the United States — some 70 percent in Iceland and Latvia.
The national income accounts initially were designed by statisticians, but now they're designed by lobbyists, and the lobbyists work in Congress to say here's how we want to depict the
economy as if it's actually benefiting the voters instead of specifically benefiting the FIRE sector — Finance, Insurance and
Real Estate — which depicts itself as contributing to growth rather
than being a parasite on growth, as I've described in Killing the Host.
Other
than the recent housing bubble,
real estate is a relatively safe asset class that appreciates along with inflation and the
economy.
By preventing a
real estate bubble, this will hold down the
economy's housing and commercial space - rental charges, thereby adding doubly to China's creation of a structural cost advantage over industrial
economies that have turned into finance - capitalist
economies dominated by the FIRE sectors rather
than industry.
One reason why it is so important to describe
real estate behavior in terms of economic theory is that a rising proportion of the
economy's industrial investors are behaving more like
real estate investors
than like the textbook models based on manufacturing.
America's housing crisis generated nearly 4 million foreclosures and devastated residential equity for more
than six years, but it also created a powerful new positive force in the nation's residential
real estate economy.
But when that happened, Canadian households were far less indebted
than they are today, and the Canadian
economy did not rely nearly so much on the finance,
real estate and construction sectors for growth.
But what has most intrigued Europe's ruling class is its tax favoritism that has created a Bubble
Economy (euphemized as a Tiger
Economy to make a debt - leveraged
real estate bubble appear as if it were a road to wealth rather
than to debt peonage).
Australian
real estate agents expect Chinese New Year to be a busier period
than usual as its stable
economy and regular returns are still attracting Chinese buyers, reports Domain (27... Per saperne di più >
«The sources of demand that are pushing prices higher are many-fold and the sources of investment speculation... in the
real estate part of our
economy are many-fold and more domestic
than foreign.»
Thanks to a healthy
economy and a booming
real estate market, REITs have produced sizzling returns over the past five years, with most achieving gains of more
than 20 % a year.
In today's
economy and
real estate market some buyers are taking a closer look at buying a foreclosure property more
than ever before.
@JBentley — The cost of
real estate (such as residential property, and the
real estate used for retailing, restaurants, office space, and manufacturing) is already such a large fraction of the
economy that the share of a region's
economy that is spent on rent (or rent substitutes, such as the cost of home ownership) can not greatly exceed the region's economic growth rate for more
than one or two business cycles.
The evening's presentation will highlight both macro and micro economic trends that point towards an upcoming recession and a volatile
economy where some
real estate sectors and regions remain safer
than others.
In particular, South Africa's commercial
real estate will be affected more by the sharing
economy in the future
than by ultra-modern and ultra-seek urban design with smart technologies and the Internet of Things.
Maxim Oreshkin of the Russian Ministry of
Economy (who is responsible for the development of the
real estate industry) says this will pose another threat to
real estate brokers because large banks have many more resources to check the legality of the deal
than a small
real estate firm or a private broker.
Increasing global economic integration makes the opportunities in international
real estate investment more compelling
than ever before — especially given weakness and slow growth in the domestic
real estate markets of most developed
economies.
I am at a loss to name another industry that drives our
economy to a greater extent
than real estate.
No other market drives the
economy greater
than that of
real estate.
The local
economy is expected to add 3,645 new jobs by the end of 2017, much fewer
than the 5,601 jobs created in 2016, according to a first - quarter report by
real estate services firm Colliers International.
Houston's economic recovery is happening at a slow pace, but any near - term improvement in its office market has less to do with the energy sector
than growth in other industries and overall confidence in the
economy, according Kevin Roberts, president of Southwest operations with
real estate services firm Transwestern.
CREB (the Calgary
Real Estate Board) says in a statement that its members «believe that a healthy city has more
than just a robust
economy and abundant employment opportunities.»
With vacation and investment properties accounting for more
than one - third of home sales last year, it's clear households see
real estate not only as a good investment but also as a sound alternative to paper equity shares whose value swings along with the
economy, company management skill, and market competition.
But there's a silver - lining: «When we compare past studies, an interesting trend emerges: Executives and broker - owners are less confident in the global
economy and far more confident in their local
economies at the end of each year
than they were at the beginning,» says Renwick Congdon, CEO of Imprev, an automated marketing service for
real estate.
«Having the GAO look closely at the
real estate industry gives us the opportunity to show that it's one of the most competitive in the country and that it has sustained the
economy for more
than a decade.
«Now, more
than ever because of the failing
economy,
real estate professionals are more inclined to put up with difficult buyers.
As the
real estate development
economy continues to awaken, we are seeing development take a different form
than what we were seeing during the previous boom period.
«In the current
economy, we have seen a change in scenario where
real estate agents may earn less
than the minimum wage.
A lot more people lost a lot more money in
real estate in Phoenix
than in Dallas and that slowed the Phoenix
economy and still does.
There is no better time to purchase
real estate than in today's
economy as prices have evened out, and the inventory proves that it is indeed a buyer's market.
Zillow, the online
real estate marketplace and research site, reported last week that more
than 1 owner in 10 in the United States continues to have negative equity, but that figure has plunged by nearly two - thirds during the past 48 months as the
economy has strengthened.
According to the Bureau of Labor Statistics, there are more
than 400,000
real estate jobs in today's
economy.
If you are skeptical of that strong statement, tell me, where else can you get the following combination of investing conditions: A rock solid local
economy 1 percentage point away from full employment (5.8 %), high rental demand, minimal vacancy rates and rising rental prices, price to rent ratios on new (or less
than 6 yrs old) properties under 8 and a steady and reliable local
real estate market in full bloom?
May 1, 2016 Smart Cities in India will Share Corporate
Real Estate as Profession Emerges As a developing
economy with a rapidly growing population, India will see the development of smart cities, but they will be different
than other smart cities already taking root around the world.
Transparency, choice, centralization, aggregation of information, more knowledge and self - service are trends of an Internet driven
economy, and these trends will impact the imbalance that is described above, albeit more slowly
than in most other industries — because of the weight and volume of organized
real estate.
Local
economy is strong, but
real estate investor demand could trail larger markets and that capital for investment and development could be harder to obtain
than in other markets
Alpharetta
real estate sales tend to be more stable
than some of the surrounding areas in Metro Atlanta because of the strong local
economy, good schools, lower crime statistics and demographics so if we are seeing lower trends here, we would likely see them in other areas of Atlanta as well.
«The US
economy and
real estate markets are in much better shape
than most other countries, but global
economies and capital markets are increasingly inter-related.
With election day less
than a month away, Andrew Nelson, chief economist of Colliers International, one of the world's biggest commercial
real estate brokerages with 16,000 agents in 66 countries, expresses disappointment that the
economy hasn't attracted much attention in the campaign, except for globalization and talk of protectionism to save American jobs.
Despite oil's negative effects on Houston
real estate, experts say the market is in better shape
than in other downturns thanks to a more diverse
economy.