Real estate prices to rise

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   The main reason
behind price rise in real estate
property in the short period of time is the migration of people. When many
people migrate into a city than out, the pressure of the demand causes
real-estate prices to rise. Also there
is every class of buyers like big landlords, industrialists, NRI's, traders,
well advanced doctors and lawyers etc. who are ready to spent 60 lakhs to
crores for their dream lands. After buying these lands, they have to spent
additional amount of 40 - 50 lakhs on construction and renovation to build
their dream houses. There is a period of time among the housing permits and the
finishing of building construction. Therefore, in the short-term, as people shift
for jobs and schools, housing prices can move away from what's affordable for
people in the long-term. 

Rental prices are basically limited by people's income, but resale prices are
not necessarily limited in the short-term, as long as people can finance their
purchases. 

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adleycharles Members Profile Send Private Message Find Members Posts Add to Buddy List Outsider Joined: Dec 20 2011 Location: us Status: Offline Points: 10	Post Options Post Reply Quote adleycharles Report Post Thanks(0) Quote Reply Topic: Real estate prices to rise Posted: Jan 25 2012 at 5:39am
	The main reason behind price rise in real estate property in the short period of time is the migration of people. When many people migrate into a city than out, the pressure of the demand causes real-estate prices to rise. Also there is every class of buyers like big landlords, industrialists, NRI's, traders, well advanced doctors and lawyers etc. who are ready to spent 60 lakhs to crores for their dream lands. After buying these lands, they have to spent additional amount of 40 - 50 lakhs on construction and renovation to build their dream houses. There is a period of time among the housing permits and the finishing of building construction. Therefore, in the short-term, as people shift for jobs and schools, housing prices can move away from what's affordable for people in the long-term. Rental prices are basically limited by people's income, but resale prices are not necessarily limited in the short-term, as long as people can finance their purchases.

erincaroll Members Profile Send Private Message Find Members Posts Add to Buddy List Outsider Joined: Feb 29 2012 Location: Bethesda, MD Status: Offline Points: 1	Post Options Post Reply Quote erincaroll Report Post Thanks(0) Quote Reply Posted: Mar 01 2012 at 1:19am
	I firmly believe the reason you mentioned behind continuous rise in real estate property is correct...Migration some where or the other is responsible for rapid increase in estate property prices..
	we Arlington buy homes we flower mound buy ugly houses

adamcollin Members Profile Send Private Message Find Members Posts Add to Buddy List MUSA Immigrant Joined: Jul 29 2017 Location: Killeen Status: Offline Points: 16	Post Options Post Reply Quote adamcollin Report Post Thanks(0) Quote Reply Posted: Oct 24 2017 at 12:41am
	I too agree.
	Lone Star Realty & Property Management, Inc.