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Investment Real Estate >Real Estate Booms
Some economists link the buying habits of "baby boomers" to the demand for homes in this country. They argue that the population will stabilize or decline as these potential buyers age and their children are grown.
What is left out of such a picture is that the emerging real estate market is made up of people who are immigrating to this country. When these newcomers have achieved a stable income, they look for the best living situation they can find, often preferring buying to renting.
Real estate continues to be an attractive investment opportunity. If you are sitting out the current market because you are afraid that the appreciation won't continue, you may want to re-think your decision. Today's market is providing opportunities for homeowners and smart investors from all over the globe.
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| Q |
What high-profile rental property rents for $13,500 a month although the star hasn't lived there for over 20 years?
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| A |
Shirley MacLaine's name is still used to promote her Encino, CA, estate even though she hasn't lived there in years.
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