Teaser/Summary]
There is going to be plenty more
Mark Twain took a long-term demand: millions of babies born
and somewhat philosophical into the world each year who will
look not only at life but real probably be willing to pay for a
estate. Looking through Mark roof over their head at night-and
Twain's eyes, there's a strong while they're at work, eating at
case for continuing to invest in a restaurant, or doing anything
tight real estate markets such as else.
Bay Area real estate.
o Bubble market corollary: Not
Real estate is always a good only is the supply of real estate
investment, Mark Twain once said, in terms of acreage not going
because "God isn't making it anywhere; developers are
anymore!" With talk of a "bubble" increasingly unable to create
in high-priced real estate more real estate (in the form of
markets such as the Bay Area, New bigger buildings or more
York City, and Boston, it's buildings on existing lots) in
important to remember that when tightly-packed and
it comes to the laws of supply tightly-regulated markets such as
and demand, no other investment Bay Area real estate.
can quite match real estate.
Reasons for Investing in Bay Area * Relatively stable investment
Real Estate & Other "Bubble" potential. Real estate sometimes
Markets loses value, but never
completely, even in the worst
* Intrinsic value from case. If Mark Twain had filled a
intrinsically short supply. To time capsule with twenty shares
paraphrase Mark Twain, not only of cable-car stock and twenty
is there not going to be any more deeds to San Francisco houses,
supply in the real estate market. which would be worth more today?
Twenty, thirty, and a hundred you are buying investment
years from now, personal property from afar, or just
computers may become museum renting out a spare bedroom, the
pieces and oil may only be needed money you make on rent may
for squeaky door hinges. But provide a cushion against any
people will still need houses, drop in values.
offices, nightclubs, restaurants,
and every other kind of roof over o "Bubble market" corollary:
their heads. high-cost areas also have the
highest average rents.
o Bubble market corollary: The
"bubble" markets are unlikely to In closing, sure-fire investments
lose demand relative to other are in even shorter supply than
markets since they are so "in real estate-in fact, there aren't
demand" not only in the US but any. Any investment will
around the world. In many inevitably go down, sometimes
countries around the world, momentarily, sometimes for longer
saying you're from the US is stretches. However, keeping in
unfortunately a way to end a mind the relative risks of
conversation. But saying you're investing in real estate versus
from San Francisco, Boston, New other investments, real estate
York, Miami, or Los Angeles will investments are still attractive
usually only bring a smile and for long-term investors who
many interested questions. appreciate the intrinsic benefits
of investing in real estate, even
* Revenue potential. Not all in pricey markets.
stocks pay dividends, but almost
every real estate investment has Important disclaimer: the above
the potential to generate a article is provided for your
regular stream of income. Whether reading pleasure only and is not
intended to provide investment Opinions expressed in this
advice. All examples are article are not necessarily those
hypothetical and intended as of the owners.
illustrations, not guidelines.
About the Author:
Check out Joel Walsh's guide to investing in Bay area real estate: http://www.bayarearealestateadvisor.com Joel Walsh encourages you to seek personalized real estate and investment advice from qualified professionals, such as these: http://www.bayarearealestateadvisor.com?%20homes%20for%20sale
Source: www.isnare.com
