Manhattan property prices drop 13%
The Wall Street Journal reported today that property prices in Manhattan dropped 13%.
I also remember vaguely reading somewhere that prices in Japan are up for the first time in 15 years. I think it was some minuscule amount like 1% but it beats being negative!
now that Manhattan’s dropping, can California be far behind? i don’t think so!
If you found this post helpful, consider donating to my coffee fund!![[del.icio.us]](http://images.del.icio.us/static/img/delicious.small.gif){kind=small}
- Foreigners losing appetite for US Treasuries or Why interest rates are going up Bloomberg News reports that Foreign Investors are losing their appetite for US Debt.This basically means that the Fed is going to have to raise the interest rates offered on the treasures, which in turn will cause the mortgage rates to rise as well. This doesn't bode too well for the......
- Property Prices Correcting In India Too Property prices in India have been on a tear for quite a while now. One of the condos I bought in Ahmedabad in 2006 doubled in just over a year. While the growth has been pretty tame since then, I was nonetheless quite surprised. But in other parts of India......
- Living off dividends [or how to invest in Real Estate for cashflow] While surfing onlne, I came across this blog post: Real Estate as an asset class. Basically this guy wants to be able to live off his dividends at some point and his blog is devoted to that. He's wondering how real estate fits in. He invests in REITS but isn't......
Related Websites
- Consumer Confidence in United States has Increased The level of consumer confidence in the United States rose unexpectedly in November, rebounding from a record low. This surprising change apparently came as concerns about the rising rate of unemployed coupled with tumbling financial markets was alleviated by falling gas prices. The Conference Board's index of consumer confidence suddenly......
- How To Calculate Social Security Benefits Understanding the steps to calculate social security benefits may not be the easiest thing in the world to do, but here's my attempt to demystify the process. There are two basic steps to determining your monthly benefits. The first step is computing your average indexed monthly earnings, or AIME. The......
- Thomasville Wholesale Deal (No Longer Available) 414 Barnwell St.Thomasville, NC 27360 This Thomasville wholesale real estate deal has great cash flow potential! Property is located off of Barnwell St near Salem St and Main St. in Thomasville, NC. This home has 3 bedrooms, 1 bath, sits on 0.41 acre, has a full basement, and is......
[All content is copyright of Living Off Dividends & Passive Income]
Leave a Reply