Does Real Estate in Your Country(region) Worth Inventing?
@Godlovesweiqi (108)
China
March 8, 2010 9:00pm CST
I understand that house prices in some countries are skyrocketing whereas some countries' housing bubbles are cracking.What do you think about the real estate marketing in your country?Do people have faith in the investment on real estate,or,would they rather invest in paper equity?
1 person likes this
3 responses
@spalladino (17891)
• United States
9 Mar 10
Right now the real estate market in the U.S. is in a serious slump but that doesn't mean that investing in it is a bad idea for the long term. Right now it's a buyer's market so there are deals out there. The value of real estate increases over time and only rarely falls, while paper equity can have more ups and downs.
@Godlovesweiqi (108)
• China
9 Mar 10
I am very interested in buying house in America.But I wonder whether there are restraints for foreignors to do so.My American friend showed me yesterday that some houses in San Francisco are selling in very low prices.I am very excited about that because house prices in my country is a little out of control.I am seeking cheaper place to live in.
@spalladino (17891)
• United States
9 Mar 10
Thanks for the BR! 
I don't know what the rules are but any decent real estate agent would know and would be happy to assist you with finding and purchasing a home. They get a percentage of the seller's fees so it won't cost you anything.
I don't know what the rules are but any decent real estate agent would know and would be happy to assist you with finding and purchasing a home. They get a percentage of the seller's fees so it won't cost you anything.
@hofferp (4734)
• United States
20 Mar 10
Real estate in general is a good investment. But rather than invest in individual properties (residential or commercial), I invest in mutual funds that invest in real estate properties, REITS, etc. I sold my shares in my real estate fund several years ago, but just today, I reinvested $1000 in a real estate fund. That sector of the market is once again advancing. But I keep a close eye on all my funds because the market is volatile and very uncertain. I could be pulling my money back out of real estate in a week. I won't lose more than 7% before I sell. So, I won't buy actual properties, I invest in mutual funds that invest in the real estate sector of the economy. Hope that makes sense.
@shawn5260 (53)
• China
24 Mar 10
God,we both know the price of house in china is definitely uncontrolled. especially in several big cities,such as: Shanghai,Beijing,shenzhen,etc.would you mind i ask the place you work now?if you buy a house in USA,how about your work?your family?i think the valid way for this problem is that maybe we could buy a house in some a little small but also developing very well cities,cause the price wouldn't be very high,and the quality of life may be improved.
