Читать книгу Commercial Real Estate Investing For Dummies - Peter Harris - Страница 44

True friends are always around when you call on them, and they won’t ever let you down. And economic and demographic trends are your true friends in commercial real estate investing. And best of all, these trends aren’t terribly complex or difficult to determine. Here are the three trends that are plainly fundamental when investing in any commercial real estate:

 Job growth: This trend makes perfect sense: Where the jobs are, people are. And where the people are, demand exists for apartment rentals, office space, and consumer goods. Job growth is an excellent indicator of a healthy real estate market.The best place to start in researching job growth is to contact your local economic development department or chamber of commerce and ask for historical and current job growth data.

 Development: This trend is all about supply and demand. After all, if a shortage of office space or apartment housing is evident, you clearly have a demand for new development. On the other hand, if you see that the city is overbuilding, it’s an indication for you hold off and reassess.

 In the path of progress: It isn’t too difficult to spot this trend with your own eyes. Whenever new building and development is either coming your way or surrounds your property, you’re in the thankful path of economic development. You can feel the “buzz” of prosperity around you.