Property cycle charts

Discussion in 'Economics' started by Digs, Mar 18, 2004.

  1. Digs

    Digs

    Questions

    1) Where can I get a USA property cycle chart for 50 years or more. ie Real Estate Value index

    2) IS there a forum like this for USA economy.
     
  2. One thing you're overlooking about property in US is that it varies a *LOT* by region. You sometimes have 1 region going up while another is going down. The last 3-4 years have been somewhat different for 1 reason: interest rates.

    So, I don't believe a real estate value index is of much help. Maybe a regional one? Say California, Texas, Florida, or New York?
    I think those may be available.

    Also, something that varies a lot but gets little attention are real estate taxes payable monthly/yearly. In some areas they are *huge* but are serious costs of ownership.

    Know the tricky rules before getting involved.