This informative and entertaining 7 minute cartoon gives a good overview of the cyclical history of the housing market over the last 40 years.
This was created by a consultant to home builders and is directed at that market.
But the same principles apply for purchasers of real estate.
Including real estate in your retirement savings portfolio is not about "flipping" property for quick gains. It is about a buy and hold strategy as the cyclical nature of the real estate market will repeat. It is my opinion that over the long haul in California, real estate will continue to appreciate due to demand pressures from net immigration and population growth.
The Business Blog of Karen Hess, Retirement Planner
Serving the Greater Sacramento Valley area
By Appointment Only
Offering retirement planning and debt reduction services
Conveniently located off Hwy 70 in historic downtown Marysville
324 First St. Suite 7
Marysville CA 95901
email
In the historic Senator Hotel, next door to the Silver Dollar Saloon, and behind Mervyn's
By Appointment Only
Offering retirement planning and debt reduction services
Conveniently located off Hwy 70 in historic downtown Marysville
324 First St. Suite 7
Marysville CA 95901
In the historic Senator Hotel, next door to the Silver Dollar Saloon, and behind Mervyn's
Sunday, April 13, 2008
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