How would you go about evaluating real estate in a certain area?
My question is, would it be a good "investment" to buy a house in a certain place for ~5 years. I have just received a job offer making pretty good money and I'm wondering what the market looks like in the future in the USA for selling a home 5 years down the road. Would it be a good investment as far as not losing an incredible amount of money, of course taking into consideration the savings like no rent and the expenses like taxes.
I just wonder if the general sentiment now is that housing in the USA is over, under, or fairly valued. I want to rent short term, however, the place I'm going has almost NO rentals and is almost exclusively on a yearly lease basis.
I don't look at real estate as a pure investment, I also like to own my own shit and not have to answer to anyone and to have the ability to raise a garden or something, just wondering what the potential is for me losing my ass. I also realize it's VERY individualistic, such as you buy a house somewhere where no sane person would live you'll never get rid of it vs having it by a river with no neighbors that has access to cable.
>>1380390
All depends on location. Nationwide, we have been running a deficit on new home supply. Read a good article today in Bloomberg. Ill try to find it
https://www.google.com/url?sa=t&source=web&rct=j&url=&ved=0ahUKEwjUlNuv7vHNAhUFk5QKHZyCCc8QqG8IJDAC&usg=AFQjCNF1sHlk2z9QIx28jtvfnGP_UlkifA
>>1380395
Fuck, just google "Millenials need a new housing bubble"
Lol the article isnt as pants on head as the title. The author makes some (possibly) decent comments on supply/demand
>>1380391
Madras, Oregon is the place I'm currently trying to evaluate.
how would someone go about evaluating REITs, other than raw fundamentals? (have their revenues and profits been increasing and have their relative amounts of leverage been proportionate to growth expectation?)