Friday, October 07, 2005

Commercial R/E Bubble

At a conference in Las Vegas, yet again the topic of a commercial r/e bubble came up. There is evidently a huge amount of capital chasing r/e investments. 1031 exchanges, which seek to avoid capital gains taxes, are flooded with money from r/e profits and are looking for a new home. But of course, Las Vegas is different. It will be effected less than other parts of the country, said one participant. Too much money chasing too few bricks!

VivaLasVegas

1 Comments:

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