Real Estate Headlines

The National Association of Exclusive Buyer Agents maintains forums for its members. Often the conversation is pretty industry focused – there someone posted a fun list the other day of headlines of yesteryear. The list was originally posted to the list by the Mountain Director of NAEBA:

“The prices of houses seem to have reached a plateau, and there is reasonable expectancy that prices will decline.” (Time, December 1, 1947)

“Houses cost too much for the mass market. Today’s average price is around $8,000-out of reach for two-thirds of all buyers.” (Science Digest, April, 1948)

“The goal of owning a home seems to be getting beyond the reach of more and more Americans. The typical new house today costs $28,000.” (Business Week, September 4, 1969)

“The era of easy profits in real estate may be drawing to a close.” (Money, January, 1981)

“The golden-age of risk-free run-ups in home prices is gone.” (Money, March 1985)

“Most economists agree… [a home] will become little more than a roof and a tax deduction, certainly not the lucrative investment it was through much of the 1980s.” (Money, 1986)

“Financial planners agree that houses will continue to be a poor
investment.” (Kiplinger’s Personal Financial Magazine, November 1993)

Submitted by Ron Jensrud, Exclusive Buyer Agent

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