Quote:
Originally Posted by CoachKandSportsguy
The point is, there are alot of influences for demand, as well as supply, which can change the rate of increase annually as each year is different. . . .home prices generally increase 4-6 % a year, very close to a multiple of GDP growth. . .
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Apparently Villagers just don't understand the real estate market and insist the Villages is different than everyplace else in the USA ... it is not.
Residential property appreciates between 4%-6% per year (as you point out) and that has been consistent for a 100 years. Obviously, there are fluctuations, hills & valleys ... but that's the number.
Trying to guess the peaks & valleys to make a big score, is no different than day trading. Some folks do really well at it ... the majority lose their lunch money.