“solid chance of delivering a 200K capital gain in 10 to 15 years”
it has an equal chance of remaining flat or delivering a 100K capital loss over the next 10 to 15 years
really, sdrealtor, these are the kinds of comments that facilitated the housing mania here in socal
what makes you think there is potential for a $200K gain?
wages are going to go up to support this price increase?
the Boomers (25% of our workforce) are going to decide not to retire over the next 10 to 15 years so they won’t need to sell their houses?
the demographics in this country are changing as are the attitudes towards real estate – for all we know, the gen X and gen Y kids might decide that owning real estate is only for stupid people and choose not to buy the houses that the Boomers are going to try to unload
IMO you are doing a terrible dis-service to your clients by mentioning potential capital gains (yes, I acknowledge that you are telling your clients exactly what they want to hear and that if you didn’t blow pollyanna smoke up their asses some other realtor would)
