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Real Estate Briefing - Categorized | Finance, Market Moves more

Why real estate cannot climb for years

Posted on 14 November 2011

From the peak of the real estate bubble, we have had one of the largest falls in real estate prices in history. Some would think that what falls must someday go up, but that isn’t necessarily true in this case.
For example, the unemployment rate at this time is extremely poor and recent college graduates are finding it nearly impossible to gain employment in work that offers a living wage. So that group has no way to buy a home. Additionally, the older Americans who are working in stable good paying jobs are almost all locked into underwater real estate which they cannot sell. Why?……………………………………….Full Article: Source


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This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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