tag:blogger.com,1999:blog-120372662011-11-09T08:17:08.221-08:00A blog dedicated to real estate matters, finance as well as general economics and political economics issues. Posts written by Luigi Frascati, B.Econ. Your comments and suggestions are appreciated.Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.comBlogger2541100tag:blogger.com,1999:blog-12037266.post-1115016290757894052008-12-19T23:59:00.000-08:002008-12-18T17:16:52.655-08:00

Luigi Frascati, B.Econ

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-46727580591604078272008-12-18T19:45:00.000-08:002008-12-18T19:45:33.769-08:00

What public officials didn’t tell you about the recession – or refuse to admit._________________________________________One of the objectives of this blog, the Real Estate Chronicle, has been to share with readers throughout the time principles of economics and to lay the foundations for sound investment decisions. Although the focus of the Chronicle primarily reflects my chosen profession – real

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com5tag:blogger.com,1999:blog-12037266.post-32492139415600087192008-12-07T16:47:00.000-08:002008-12-08T16:40:26.789-08:00

There are losers and there are sore losers.___________________________________________The uncharacteristic turmoil of last week in the otherwise fairly tame Canadian political landscape gives us a taste of things to come. It was the Conservative government’s economic proposals of the week before that have provoked the full-scale rebellion of the opposition. Presenting the fiscal update in the

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com1tag:blogger.com,1999:blog-12037266.post-26971095451898466672008-12-03T21:14:00.000-08:002008-12-04T10:05:45.714-08:00

A lesson in Marshallian economics._____________________________________The most recent bulletin released by the Real Estate Board of Greater Vancouver (REBGV) has stirred up a lot of apprehension in the Lower Mainland on the part of Sellers and Realtors alike. Sellers are clearly concerned by what they perceive as a drop in value of possibly their most treasured asset. Realtors, on the other hand

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com1tag:blogger.com,1999:blog-12037266.post-9263098816757965932008-11-30T18:21:00.000-08:002008-11-30T18:30:49.850-08:00

If we all managed economic wealth responsibly we would never, ever have to go through periods of recessions in North America. __________________________________________________There has never been the shadow of a doubt in my mind that if one of those little green aliens flying UFO’s way up there in the sky were to add all the brainpower our North-American societies are so very plentiful of, he or

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-46673747179350333992008-11-24T19:16:00.000-08:002008-11-24T19:48:53.507-08:00

And, if indeed it does happen, how it will affect you._______________________________November 24, 2008 may have been a glorious day in the stock markets following the rescue of Citigroup Inc. with the U.S. Government purchase of $20 billion in preferred shares and the announcement of its subsequent back up to $306 billion worth of the giant bank's assets, in return for a further $7 billion stake.

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-18843294266392535782008-05-05T19:41:00.000-07:002008-05-06T05:08:47.956-07:00

Know thyself and you'll know what kind of home to buy.__________________________________Granted, in real estate sales we do everything for a buck. If you don't believe me, ask your friendly neighbourhood Realtor (but ask him politely). So, in the spirit that uniquely characterizes the lives of charming professionals such as myself, the real estate community routinely goes back in time throughout

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com6tag:blogger.com,1999:blog-12037266.post-85395077786012586042008-04-23T09:39:00.000-07:002008-04-29T21:45:26.657-07:00

In 2006 the world's oil rigs pumped out crude at a rate of nearly 85.5 million bbl. a day. They haven't come close since, even as prices have risen to USD 115 per barrel and are forecasted to reach USD 150 per barrel twelve months from today (source: www.oil-price.net ). All of which raises a question of potentially epochal significance: is it all downhill from here?It's not as if nobody

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-17237731710858609372007-11-03T21:00:00.000-07:002007-11-02T21:04:32.456-07:00

Adding value to a real estate asset. ______________________ At minimum, a Realtor always must ensure that the Client has an understanding of whatever interest he/she wants in a real estate asset and the character that particular interest might include in the wide range of real estate asset types. Real estate transactions range from simple purchases of single-family dwellings to more elaborate

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com3tag:blogger.com,1999:blog-12037266.post-3416479945899529522007-10-19T21:17:00.000-07:002007-10-18T21:08:09.218-07:00

Examining why you are not always rational when purchasing real estate__________________________________________Neoclassical Economics is built on the assumption that humans are rational beings who have a clear idea of their best interests and, moreover, strive to extract maximum benefit -or "utility" as economists are fond of saying – from any situation. Seeing from this viewpoint, price helps

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com1tag:blogger.com,1999:blog-12037266.post-10222098392066408832007-08-01T19:59:00.000-07:002007-07-31T20:03:54.943-07:00

The effects of the recent real capital appreciation on income. _______________________________ There is a segment of analysts, in Real Estate Economics, that worries about consumers financial insecurity. More specifically they contend that the average middle class has seen few effective gains from the recent boom in real estate, since as profits have soared inequality has widened. Because of

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com1tag:blogger.com,1999:blog-12037266.post-14554867666073532242007-07-28T19:55:00.000-07:002008-12-09T00:18:32.555-08:00

Wedding anniversary is coming up and you don't know how to surprise the wife? Want to indulge yourself but don't know how? Looking for a change in your daily routine but do not know what to do? Not to worry. Here are a few solutions personally hand-picked by a 21-year real estate veteran (… that would be me …)._____________________________________________If a lifestyle change is in your cards,

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com4tag:blogger.com,1999:blog-12037266.post-3783908887474395602007-07-24T22:08:00.000-07:002007-07-23T22:10:07.524-07:00

Real Estate can make us rich. Don't ask it to make us happy as well._______________________________Having practically doubled in value during the past six years and going, real estate is over half way towards notching up its best decade ever. Market capitalism, the engine that moves real estate, seems to be doing its job well. But is it? Once upon a time that job was generally agreed to be to

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com3tag:blogger.com,1999:blog-12037266.post-31778783868649906562007-07-12T18:31:00.000-07:002007-07-13T04:57:51.958-07:00

The oil policy of Vladimir Vladimirovich Putin, President of the Russian Federation.___________________________________________"The world is leaving one epoch, the 'Cold War,' and entering a new one. We have buried the Cold War at the bottom of the Mediterranean Sea" [Mikhail Sergeyevich Gorbachev, Malta, December 1989].Who stands to gain the most from the destabilization of oil prices?Ten years

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com2tag:blogger.com,1999:blog-12037266.post-18219282961167421842007-06-22T18:55:00.000-07:002007-06-22T19:15:10.319-07:00

How the appreciation of real capital assets has redistributed household wealth.__________________________________________Much of Adam Smith's classic treatise on "The Wealth Of Nations" is not really about wealth at all, but about income. The two concepts are different: income is the flow of money a nation or household receives in a given lapse of time, say a year. Wealth, conversely, is the

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com1tag:blogger.com,1999:blog-12037266.post-453690627502941172007-06-19T18:31:00.000-07:002007-06-19T18:22:59.238-07:00

A retrospective look at 2007 reveals that, contrary to many year-end predictions and a few economic forecasts, Real Estate still rolls, Canada is still in one piece, America has not drowned into the worst recession since the disappearance of the dinosaurs and the Twelfth Imam has not landed from the Moon yet. ____________________________________________________ Things seem to be moving in slow

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-8503785530312950182007-06-11T19:22:00.000-07:002007-06-11T19:13:21.941-07:00

... and how it affects real estate consumers in North America. ______________________________ An exchange rate is the price at which the world demand for one currency equals the world supply of another currency. Foreign exchange rates are of particular concern to governments because changes in foreign exchange rates affect the value of products and financial instruments. As a result, unexpected

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com1tag:blogger.com,1999:blog-12037266.post-31428242769105636712007-06-05T14:02:00.000-07:002007-06-05T13:52:58.522-07:00

The commercial property market REIT's remain piping hot, even as housing shivers.______________________________________Last year’s acquisition by The Blackstone Group (www.blackstone.com) of Equity Office Property Trust for USD 36 billion was the largest buy-out ever of an owner of office buildings. More importantly, it signaled that the commercial property market is healthy, now more than ever,

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com2tag:blogger.com,1999:blog-12037266.post-45323616503092156922007-06-02T15:01:00.000-07:002007-06-02T14:59:34.757-07:00

Price stickiness in a slower real estate market. ____________________ As markets are decelerating, there is an anxious face-off between sellers and buyers of real capital assets as expectations of big profits fade away just as well. In economic terms, the slowdown that we are witnessing today in many real estate markets is actually welcome news since allowing the economy to cool off through a

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com1tag:blogger.com,1999:blog-12037266.post-2190004301815261372007-05-26T16:22:00.000-07:002007-05-26T16:13:11.790-07:00

A niche market that never seems to slow down._____________________Many of us have fond childhood memories of dad loading up the station wagon or van and heading out of town for a long week-end.For some the destination was a lakeside campsite, but for many it was the summer cottage or cabin by the lake. For others it was a Winter activity that brought with it the long-anticipated excitement of

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com1tag:blogger.com,1999:blog-12037266.post-27602564811452567672007-05-23T11:11:00.000-07:002007-05-23T11:20:50.740-07:00

There is no such a thing in Real Estate as agreeing now to agree at a later date._______________________________________Real Estate, by its own very nature, is all black and white - you either do things, or you don't.There is no grey area in Real Estate, which one can find otherwise in commerce and trade. For instance, letter of intents that are widely used prior and during negotiations between

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-69787558729876271602007-05-11T18:05:00.000-07:002007-05-11T18:04:34.441-07:00

A recent Court case based on the Common Law concept of private nuisance clarifies the duty of real property owners to have trees on their properties routinely inspected._____________________________________Trees can be a nuisance.Common Law recognizes two types of nuisance: public nuisance and private nuisance. A public nuisance is defined as an unlawful act or omission, which endangers the

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com3tag:blogger.com,1999:blog-12037266.post-29296232648806632202007-05-03T14:45:00.000-07:002007-05-03T14:39:46.424-07:00

On whether it is wiser to treat real estate capital accumulation as a nest egg or as a credit card, that is to save as opposed to spend.________________________________Prosperity, in Capitalism, is the epitome of financial stability, reliability, and security. It can be more easily thought of as an abundance of items of economic value, or the state of controlling or possessing such items, and

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com3tag:blogger.com,1999:blog-12037266.post-71709889962095833292007-04-29T19:50:00.000-07:002007-04-29T20:34:17.751-07:00

A collection of memorable quotes by a collection of memorable Islamic personalities.__________________________________________"The accomplishment of a world without America and Israel is both possible and feasible".Mahmoud AhmadinejadPresident of the Islamic Republic of IranOccupation: politician"The Jews are a cancer which is liable to spread again at any moment. There is no solution to the

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-9580338197227770432007-04-23T19:22:00.000-07:002007-04-23T19:12:50.263-07:00

Is there any such thing as a realtor-client privilege? An article of interest particularly to fellow Realtors._____________________________________________In any Listing Agreement there is a point in time when the agency relationship ends.A Listing Agreement, as it is widely known, is none other than a contract between the rightful titleholder of an interest in land (the ‘Principal') and a duly

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com1tag:blogger.com,1999:blog-12037266.post-72417434676507369332007-04-20T13:40:00.000-07:002007-04-20T13:30:03.095-07:00

A recent appellate decision underscores the importance of taking care of land encroachments immediately as soon as they are discovered, before things get really out of hand.____________________________________________'Never impose onto others what you would not choose for yourself' [Confucius in ‘The Analects' (XV.24)].In its simplest form, a real estate encroachment is real property that extends

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com1tag:blogger.com,1999:blog-12037266.post-68942806616186645242007-04-15T17:27:00.000-07:002007-04-15T17:28:47.762-07:00

Investigating whether in these times of globalization, those of us who are left behind living in North America are in fact a bunch of morons – the whole 330 millions of us. _______________________________________ Is Economics a matter of opinion?Well, we do our best not to make it as such, but then politicians come around and ruin pretty much everything we do. For instance, the recent stats of

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com3tag:blogger.com,1999:blog-12037266.post-24183581170997523332007-04-07T18:18:00.000-07:002007-04-07T18:16:21.166-07:00

The biggest single untold secret of successful investors to accumulate wealth in Real Estate.________________________________Contrary to popular belief, it does not take a lot of money to make the first step in the world of real estate investing and start producing wealth. It merely takes a little money - and a lot of time."Give me a million dollars, and I will turn it into two millions". Forgive

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com1tag:blogger.com,1999:blog-12037266.post-81618154606974417852007-04-04T19:28:00.000-07:002007-04-04T19:19:41.686-07:00

New mortgage products on the horizon.___________________Did you take a close look at your banker, lately? Did you notice how skinny he or she has become? That is because, following the spike of house prices and the subsequent downturn in Real Estate, the carnivores have had a real hard time finding new flesh to feed upon. Things, however, seem to be changing now. As property values have risen

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com2tag:blogger.com,1999:blog-12037266.post-16875442450991870922007-03-18T19:49:00.000-07:002007-04-01T04:43:46.361-07:00

Dealing with the darkest side of Real Estate ..._____________________There are times when the Seller or Buyer to a real estate transaction may appoint someone to act on their respective behalf and even to sign agreements relating to the Contract of Purchase and Sale as their agents, thereby meeting the requirements at law that all dealings involving land or interests in land be in writing.

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com1tag:blogger.com,1999:blog-12037266.post-33609666690539786562007-03-02T10:07:00.000-08:002007-03-02T10:03:56.254-08:00

Just another example of how, in Islam, State and Religion are united together with less than auspicious results._________________________________________Is there a ‘Dear Abby' syndicated newspaper column in Iran?Well, not quite - but there is Grand Ayatollah Naser Makarem-Shirazi willing to dispense his advices on the Iranian population and anyone else willing to listen through his website with

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-14519389442079234042007-02-25T10:28:00.000-08:002007-02-25T10:19:07.918-08:00

Analysing how headlines, cover stories, newspaper reporting and more or less biased media exposure can serve as indications of real estate markets trends. ________________________________ The role of the media is to report news and opinions, not to make predictions and forecasts.Predictions and forecasts are better left to the storytellers and the experts respectively. Specifically when it comes

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com2tag:blogger.com,1999:blog-12037266.post-28587767749435308902007-02-20T17:09:00.000-08:002007-02-20T17:04:22.832-08:00

Gung Hay Fat Choy! (Happy New Year)____________________The Lunar New Year dates from 2600 BC, when Emperor Huang Ti introduced the first cycle of the Chinese zodiac.Because of cyclical lunar dating, the first day of the year can fall anywhere between late January and the middle of February. On the Chinese calendar, 2007 is Lunar Year 4704-4705. On the Western calendar, the start of the New Year

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com4tag:blogger.com,1999:blog-12037266.post-80098446654647363072007-02-17T18:22:00.000-08:002007-02-17T18:12:50.157-08:00

What do California sunshine, the citrus industry, an excess surplus of ice cubes and Nancy Pelosi all add up to? Find out ..._______________________________________Did anyone out there ever coined the phrase ‘The New Era Of American Socialism' yet? Well alright, that is unfair. After all Real Estate was sliding downwards even before the Democrats took over the House and Senate, and Nancy Pelosi

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-58995883347941961572007-02-13T13:02:00.000-08:002007-02-12T22:38:39.463-08:00

Examining the change of the world's economic power structure. _________________________ Globalization - unquestionably a democratic concept that puts all mankind on the same platform.In Economics there is a special sentence to describe this process of equalization, referred to by politicians as ‘globalization': economists call it ‘Democratization of Wealth'. The democratization of wealth among

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com2tag:blogger.com,1999:blog-12037266.post-1170970650720799372007-02-08T13:45:00.000-08:002007-06-20T18:34:37.872-07:00

The untold secret of homeownership. ______________ If you had enough money to pay off your mortgage right now, would you?Many people would. In fact the American Dream is to own a home - and to own it outright, with no mortgage. Imagine owning your home without having to send a cheque to the bank every month, the feeling one will enjoy when - after thirty long years - the moment finally comes to

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com1tag:blogger.com,1999:blog-12037266.post-1170646607946002262007-02-04T19:45:00.000-08:002007-06-20T18:35:23.812-07:00

An in-depth look at an ever popular form of real estate investing._________________________________Royalty trusts, in Finance, are classic flow-through investments vehicles. The trust, like a mutual fund, holds a portfolio of assets, which can be anything from producing oil and gas wells to power generating stations to interests in land. The net cash flow, i.e. the total cash flow minus revenues,

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com2tag:blogger.com,1999:blog-12037266.post-1170304512671141502007-01-31T20:43:00.000-08:002007-06-20T18:35:44.695-07:00

Buying a listing can land you in jail.________________We all have done it at one time or another.When short of listings, the Realtor goes out and ‘buys' one. The process of buying a listing is as old as Real Estate itself. The agent shows up at someone's doorsteps and inflates the value of the property by more than $30,000, $40,000 or even $50,000 over and above the actual market value. I know of

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1169864828160295532007-01-26T18:35:00.000-08:002007-06-20T18:36:05.229-07:00

Housing markets do not look nearly as bad as anticipated by some._______________________________Looking back to these past few months we get a general picture of falling housing prices, suggesting once more that Newton's Law of Universal Gravitation, encapsulated in the dictum "Everything that goes up must come down" is absolutely true and that, furthermore, it applies even to Real Estate. But

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com2tag:blogger.com,1999:blog-12037266.post-1169601042565236712007-01-23T17:19:00.000-08:002007-06-20T18:37:10.069-07:00

A paper spotlighting how outsourcing benefits domestic real estate growth. _____________________________________ It is an undisputed fact that market economies, in Capitalism, are moved by the supply and demand for goods and services. Specifically as it relates to the Real Estate sector, the basis for the real estate market is the demand by households, businesses, governments and institutions for

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1169231936697021542007-01-19T10:18:00.000-08:002007-06-20T18:37:49.352-07:00

Is it for you? Find out.___________Leveraging is a technical term meaning borrowing to invest. More specifically, financial leverage takes the form of a loan reinvested with the hope to earn a greater rate of return than the cost of interest. For years leveraging was mainly used in the Stock Market for brokerage margin accounts, that is arrangements in which investors bought stocks ‘on margin',

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com1tag:blogger.com,1999:blog-12037266.post-1168970398091867042007-01-16T10:08:00.000-08:002007-06-20T18:38:32.697-07:00

Every party is followed by a hangover. ___________________ Housing prices fundamentals depend a great deal on the wider economy, especially income and borrowing rates. More specifically, housing prices bear chiefly fret over two important measures: 1) the ratio of house prices to median income and 2) the ratio of rental income to house prices.House prices to median income now equals 3.8 pretty

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com4tag:blogger.com,1999:blog-12037266.post-1168744988539992672007-01-13T19:23:00.000-08:002007-06-20T18:39:15.770-07:00

A note to all my readers.___________I have received in recent times several comments from readers of the Real Estate Chronicle with the common denominator of asking why I at times cover matters not inherently related to the topic that readers would arguably believe ought to be discussed in a blog bearing this name – real estate.I would suggest to all those readers who believe that sometimes I go

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com1tag:blogger.com,1999:blog-12037266.post-1168478084687293662007-01-10T17:23:00.000-08:002007-06-20T18:39:36.448-07:00

The right to rent and the effects of the developer’s Rental Disclosure Statement. __________________________________________ Buyers of condominiums in British Columbia may wish to know whether they have a right to rent their strata lot or whether they may be subjected to a rental restriction or prohibition bylaw. Buyers who purchase strata lots as an investment will definitely need to know this

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1167949783003656752007-01-04T14:38:00.000-08:002007-06-20T18:40:12.880-07:00

Housing prices and The Great North-American Spending Addiction_____________________________The housing boom has been the main engine of America's economic growth in recent years, and second to energy in Canada. Indeed, the housing boom is the main reason why the North-American economy held up better than expected, after the Stock Market bubble burst at the start of the Millennium. Since 2000 the

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com3tag:blogger.com,1999:blog-12037266.post-1167682886684218202007-01-01T11:59:00.000-08:002007-06-23T15:43:05.662-07:00

Understand why a recent financial decision of the Mullahs makes a military intervention in Iran a very real possibility, and a withdrawal of US troops from Iraq much less likely. This article is a must-read._______________________________________"This notion that the United States is getting ready to attack Iran is simply ridiculous [...]. Having said that, all the options are on the table" (

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com2tag:blogger.com,1999:blog-12037266.post-1167448691860026442006-12-29T19:20:00.000-08:002007-06-23T15:43:39.693-07:00

The slowdown in the North American housing sector is creating problems for ... Europeans._________________________________________If anyone thought that the present sluggishness in many housing markets in North America was going to hurt Realtors the most is better off to think again. It seems that the slowdown in both the new construction and the resale markets and the consequential drop in

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1167160870426742402006-12-26T11:01:00.000-08:002007-06-23T15:44:14.386-07:00

Housing prices have declined, but for reasons that have nothing at all to do with bubbles. A quick outlook on 2007.____________________________________Prices of residential real estate, both asking and selling prices, have declined steadily in many markets throughout the country these past few months, but for reasons that have nothing at all to do - not even remotely - with the dreaded real

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1166812451137372082006-12-22T10:12:00.000-08:002007-06-23T15:44:56.560-07:00

I dedicate this short poem to all those willing to read it, Christians and non-Christians alike, in hopes they will remember that in this life everything is finite, temporary and ephemeral.___________________________________________As Earth spins, so we spin through timewe are each, in the end, destined to turn pureno being is Being, yet by being we areopen those seams and you see only light.Now

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1166561349519589962006-12-19T12:32:00.000-08:002007-06-23T15:45:27.677-07:00

Sexism at its finest ...__________Let me ask you this: what do you do if Brigitte Bardot decides all of a sudden to show your listing?Alright, call me sexist (which, may I proudly point out, my doctor says it's in my genes), but this is exactly what has happened to me the other day. I receive a telephone call from this chick ... hem, lady-Realtor saying she wants to show to her clients this

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1166326434249392982006-12-16T19:34:00.000-08:002007-06-23T15:46:01.951-07:00

Measuring the chances of successful real estate investing.___________________________Whether you are an experienced investor or a Buyer who is beginning now to explore the ever-evolving world of real estate, or even if you are merely a cyberspace vagrant who stumbled across this Post by pure coincidence, chances are high that you will agree with my statement that eating chocolate cake every night

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1166057129460379332006-12-13T16:45:00.000-08:002007-06-23T15:47:25.936-07:00

Recounting sixty years of Western economic policies that have led to the rise of Islamic Fundamentalism in Iran.________________________________________At a time when yet another conflict has just finished emblazing the Middle East which involved the Jewish State of Israel on one side and Hezbollah, the paramilitary militia founded, trained and financed by the Islamic Republic of Iran on the

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1165620170158135242006-12-08T15:22:00.000-08:002007-06-23T15:47:54.976-07:00

Now, THAT’s what I call a real estate bubble!______________________Readers who routinely follow my articles on Real Estate Economics are fully aware of my position on real estate bubbles in North America.A real estate bubble occurs when prices of real capital assets become so absurdly high that consumers either refuse or cannot afford to purchase, thus sending demand tumbling down. This has not

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1165299333524970922006-12-04T22:02:00.000-08:002007-06-23T15:48:14.245-07:00

Looking at the bright side of things, now that I am unemployed ...___________________________________About a year ago I wrote an article entitled "Breaking The Real Estate Bubble Myth", which won great acclamation among readers - at least judging by the many positive e-mails the article generated. It also catapulted me, so to speak, in the spotlight of the local news when a television station

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1164911325320620362006-11-30T10:05:00.001-08:002006-11-30T16:13:33.430-08:00

“Fortunately, we are not a bunch of computers walking around with limbs and big mouths. But if we were, we’d make far fewer investment mistakes” [Harry Max Markowitz, Nobel Prize 1990 in Economic Sciences and Professor Emeritus at City University of New York].____________________________________________________The human mind is very dangerous.I am not talking about the capacity, unique to the

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com1tag:blogger.com,1999:blog-12037266.post-1164650338681543352006-11-27T09:40:00.000-08:002007-06-23T15:48:42.705-07:00

As a real estate professional and apartment dweller myself, people ask me this question quite often.________________________________________Condominiums have been in the news in recent years, sometimes for the wrong reasons.In British Columbia, thousands of people have lost millions of dollars in equity because they bought condos that turned out to be leaky. The situation became so serious that

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1164226750282707702006-11-22T12:03:00.000-08:002006-11-22T12:19:10.333-08:00

Nothing is free. ______ Canada and the United States both rely heavily on international trade and foreign investment for economic growth, and are both major producers of commodities. Because of the fact that they share these attributes, they also share a keen interest in the health of the global economy. So it is extremely important for both countries to focus on how events in the international

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1163874725232967402006-11-18T10:16:00.000-08:002006-11-18T10:32:05.260-08:00

A very good reason to buy the worst house on the best street for your loved half. ___________________________________________ No kidding! It shows that I'm a bachelor.Most people buy residential real estate based purely on emotion, without ever really thinking rationally about why they are doing what they are doing. For example, I have a friend who lives in a suburban community distant three

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1163701621757638822006-11-16T10:10:00.000-08:002006-11-16T10:39:04.336-08:00

Public confidence, the main governing variable of real estate and financial markets in North America, stems out from and finds its roots right in the center of Jerusalem.____________________________________________QUESTION: what do North-American real property owners have to do with the Middle East and its never-ending conflicts? ANSWER: everything and anything they can possibly

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com2tag:blogger.com,1999:blog-12037266.post-1163455023703881772006-11-13T13:38:00.000-08:002006-11-13T13:57:03.726-08:00

What do California sunshine, the citrus industry, an excess surplus of ice cubes and Nancy Pelosi all add up to? Find out ... _______________________________________________ Did anyone out there ever coined the phrase ‘The New Era Of American Socialism' yet? Well alright, that is unfair. After all Real Estate was sliding downwards even before the Democrats took over the House and Senate, and

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1163208754701884682006-11-10T17:36:00.000-08:002006-11-10T17:36:53.610-08:00

Back in the '80's real estate and stock markets took a dive together, with disastrous economic consequences. Is history repeating itself now? Find out ...____________________________________________Some people are under the impression that real estate and stock markets move in different ways and for different reasons, with no real connection between them. But to think in this way is a mistake.

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1162958533996160492006-11-07T19:49:00.000-08:002006-11-07T20:02:14.020-08:00

Energy as the catalyst to progress in the context of human societies.____________________________________David Attenborough, the famous naturalist and paleontologist, has stated that "The history of human civilizations - including their rise and fall - can't be properly understood unless we appreciate the importance of ‘power subsidies'".In the evolution of societies and cultures, energy has

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1162492571356876822006-11-02T10:27:00.000-08:002006-11-02T10:36:11.386-08:00

Capital growth, income, liquidity, borrowing, yield, debt-management and risk in real estate investing, and their economic interactions. _____________________________________________ Investing in real estate, in general lines, involves compromise and is often more a matter of what an investor is willing to give up than what he actually wants.If I were to ask "What is your investment objective?"

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1162256964527530192006-10-30T17:06:00.000-08:002006-10-30T17:18:22.183-08:00

When buying and subsequently owning real property, how far does ownership really go? Find out ..._____________________________________________________The Law of real property in North America finds its roots and origin in the Law of England. When the early settlers arrived, they brought along their own version of English Law, that is English Law was applicable so long as local circumstances

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1161966637285328682006-10-27T09:23:00.000-07:002006-10-27T09:32:14.073-07:00

After Pinocchio and Cinderella, Real Estate Market Timing is my third preferred fairy tale. I like it so much, in fact, that I wanted to share it with my readers – thus this Post.____________________________________________The United States, Canada and all other modern industrial economies experience significant swings in economic activity. In some years most industries are booming and

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1161722175181825932006-10-24T13:24:00.000-07:002006-10-24T13:38:18.030-07:00

If purchasing an apartment is in your cards, read this Article filled with professional advices authored by a veteran Real Estate Agent of nineteen years, five-year Strata Council Member, two-year Strata Council Vice-President and two-year President (... that would be me ...)._____________________________________________________Combining the advantages of apartment occupancy with those of home

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1161453899116285392006-10-21T10:49:00.000-07:002006-10-21T11:13:13.453-07:00

"There is no point in being rich, unless you can have sex with beautiful women"[Aristotle Onassis]. Post rated 18+ ... (just kidding).________________________________________________The most sophisticated way of establishing rank order so far devised by humans is by means of wealth, in all its manifestations. To be sure, there are many other activities endeavoured by mankind such as warfare,

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1161145224039458502006-10-17T21:20:00.000-07:002006-10-17T21:21:47.416-07:00

Detailing the process of wealth accumulation in any real estate market.________________________________Historical data relating to the appreciation of real estate property values throughout the years has always been very comforting. In fact, housing has appreciated consistently an average of 7.5 percent per year over the past 30 years in Canada [source: Canadian real Estate Association], and an

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1160850992273305022006-10-14T11:29:00.000-07:002006-10-14T11:37:48.963-07:00

A complete guide to HUD homes for sale.____________________There is a brand new complete HUD homes Buyer's Guide out there entitled ‘HUD HOMES FOR SALE', which I have been fortunate enough to be called upon to review. It is in the form of an e-book and authored by Frances Flynn Thorsen, a Real Estate Agent of 22 years and HUD specialist.This is the best guide covering the topic of HUD I have ever

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1160612091304712872006-10-11T17:20:00.000-07:002006-10-11T17:15:53.550-07:00

The development of air space to offset scarcity of urban lands.____________________________________At Common Law a landowner has the right to control the air space above the land he owns subject to statutory restrictions for zoning, aviation and the like. As such, landowners may create one or more air space parcels above their land. Once this is done, the title to each air space parcel may then

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1159979094000294822006-10-04T09:18:00.000-07:002006-10-04T09:26:43.900-07:00

Spotlighting emotion in real estate investing.________________________Much of the grief all of us experience, at one time or another, as real estate investors is self-inflicted. Especially these days, when markets are cooling off. This is by no means a personality trait exclusive to those operating in real estate, as I know of quite a few people who are equally frustrated with the performance of

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1159726337060691252006-10-01T10:53:00.000-07:002006-10-01T11:17:47.526-07:00

All you ever wanted to know about real estate bubbles.____________________________A gentleman from South Carolina has sent an e-mail last week. He has been reading my Articles on Real Estate Economics, and wants to know how I can possibly take the position that there is no real estate bubble bursting out there. This gentleman believes not only that there is a burst in full progress but that, in

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1159486402083547372006-09-28T16:29:00.000-07:002006-09-28T16:35:18.620-07:00

Risk aversion and risk tolerance in real estate investing.______________________________There is no such thing as a ‘riskless' investment, certainly not in real estate. And if there was, common sense dictates that it would not offer sufficient return to justify its existence. Risk and reward are closely linked. For the most part, the higher the perceived risk of an investment, the higher its

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1159029046453674512006-09-23T09:33:00.000-07:002006-09-23T09:37:10.643-07:00

The Mortgage Bankers Association of America says foreclosures are at pretty much the same level this time last year. [Note: article first published on EzineArticles on June 2, 2006]____________________________________________One of the many dire predictions done these past few months by many ‘bubbleologists’ out there - that is all those who indulge in the contemplation of real estate bubbles of

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1158803619868162422006-09-20T18:57:00.000-07:002006-09-20T18:55:05.456-07:00

A report outlines that on average, when it comes to the purchase of residential real estate, men are entirely useless. (The report doesn’t specifically say so, but that’s the gist of it)._________________________________________I most definitely would not want to come across as a slimy, double-tongued and venomous rattlesnake, but those of us who have grown old in residential real estate sales

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1158522441159277862006-09-17T11:38:00.000-07:002006-09-17T12:48:49.126-07:00

Some things are not as bad as they look – they are worse!_______________________________Is it my imagination, or did I hear somebody out there complaining about real estate commissions? Anyone who complains about real estate commissions now, is not going to be thrilled if banks have their way and are allowed to sell real estate, something that the American Bankers Association (ABA) has been tried

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1158183131239282032006-09-12T14:24:00.000-07:002006-09-13T14:33:53.493-07:00

It always pays to carefully scrutinize the title of a property being bought and sold.____________________________________________At Common Law, the Doctrine Of Privity Of Contracts states that only the parties to a contract can enforce the rights under it. This Doctrine, however, does not apply to contracts which create an interest in land. Therefore, if 'A' grants a right of way over his

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1157251592928907452006-09-06T19:49:00.000-07:002006-09-13T14:23:27.383-07:00

The creation of condominium developments. ______________________ ’Strata’ is the legal term used in British Columbia for a type of joint ownership of real property, in which portions of the property are commonly owned and other portions are individually owned. Colloquially, strata is referred to also as condominium or apartment unit. To create a strata development, a developer must first

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1156962236082849832006-08-30T11:04:00.000-07:002006-08-30T11:34:53.023-07:00

Should the United States and Canada go the way of the European Union? And how would this affect real estate investing in both countries? Find out..._______________________________________For more than 70 years now, the Couchiching Institute on Public Affairs (http://www.couch.ca) has been asking some thought-provoking questions and encouraging lively, stimulating debates and action on a variety

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1156697721147907592006-08-27T09:38:00.000-07:002006-08-27T09:56:52.876-07:00

A solution to the affordability crisis. __________________ Who says that bigger is better?The affordability indexes of all large urban centers in the United States and Canada are reaching disproportionate levels these days, ranking North America in third place after East Asia and Europe on the scale of the world’s most unaffordable places when it comes to housing. Tokyo and Hong Kong, with an

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1156441598158091492006-08-24T10:50:00.000-07:002006-08-24T10:50:12.546-07:00

Housing prices have declined, but for reasons that have nothing at all to do with bubbles. A quick outlook on 2007._________________________________________Prices of residential real estate, both asking and selling prices, have declined steadily in many markets throughout the country these past few months, but for reasons that have nothing at all to do - not even remotely - with the dreaded real

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1156131850728643412006-08-20T20:47:00.000-07:002006-08-20T20:45:33.026-07:00

Assignments of real estate contracts.__________________This world would be unquestionably a simpler place to live in, if one was at least given the right to know whom he is selling his own house to. But after nineteen years of real estate sales practice, I have come to the realization that this is not meant to be.The common law Doctrine of Privity as it relates to contracts provides that a

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1155856901900933232006-08-17T16:24:00.000-07:002006-08-17T16:24:51.076-07:00

The trend in the industry of taking no deposits at all is dangerous and counterproductive. _____________________________________________________ There is a trend in the industry in this day and age of not taking deposits from Buyers, when it comes to servicing accepted offers prior to the conditions precedent being removed. The rationale behind this is to make the offer ‘less onerous’ on Buyers.

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1155415458064347782006-08-12T13:43:00.000-07:002006-08-12T13:55:46.956-07:00

Seen from the 49th parallel, American real estate all of a sudden looks darn cheap.____________________________________________As the Yankee Dollar continues to slide and the Loonie breaks the 90-US cent barrier for the first time since 1977, all of a sudden everything that is American – from MacDonald’s hamburgers to real estate – looks darn cheap to Canadian eyes.The $US/$CAD Noon Rate hit

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1155157944649346702006-08-09T14:16:00.000-07:002006-08-09T14:15:12.263-07:00

Is it demand, or is it desire? Explaining what drives innovation and change in real estate.___________________________________________How many times have you heard that curb appeal is half the sale? Why is it that certain ethnic groups are so keen at using tiles and marbles, whereas others prefer hardwoods and plaster? What’s the scoop behind the trend of new construction – more bedrooms, more

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1154650918958888302006-08-03T17:23:00.000-07:002006-08-03T17:23:20.706-07:00

Think you are paying too much for gas now? Wait until Iran gets its nukes!__________________________________________Although not particularly superstitious by nature, I have come to the realization that kissing, in the world of politics, is a foretelling sign of ominous things to come.For instance, think at what happened after Vyacheslav Molotov (1890 – 1986) and Joachim von Ribbentrop (1893 –

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1154312108206150292006-07-30T19:16:00.000-07:002006-07-30T19:17:44.966-07:00

In light of the recent stream of statistical and economic data coming from the Feds, it can be safely asserted that, rather than popping up with a loud burst, the real estate bubble has now sunken. Just like I forecasted in December, 2005. [Note: article first published on Ezine Articles on May 2, 2006]_____________________________________________________All those illustrious ‘bubbleologists’ out

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1154018537873455372006-07-27T09:44:00.000-07:002006-07-27T09:49:35.966-07:00

A paper outlining the economic impact of worldwide terrorist activities on North American real estate markets. _____________________________________________ In general lines, terror endangers life such that the value of the future relative to the present is reduced. Hence, due to a rise in terror activity, investment diminishes and in the long run income and consumption go down as well. This is,

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1153677509411896872006-07-23T10:36:00.000-07:002006-07-23T11:02:29.256-07:00

Come discover the secret arsenal of Mahmoud Ahmadinejad.______________________________The Re-engagement War, as the Israelis are so fond of calling it, has more serious reverberations for the West, both of an economic and political nature, than just saving another bunch of kibbutzes. By that I do not mean to imply that going about saving kibbutzes is unimportant - it is, especially if one so

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com1tag:blogger.com,1999:blog-12037266.post-1153454018946547702006-07-20T20:56:00.000-07:002006-07-20T20:54:55.543-07:00

Does it pay to procrastinate the acquisition of a real estate asset during times of prices deflation? Find out...__________________________________________If you ask your Realtor whether it is a good idea to delay your real estate purchase when prices are falling, the answer you will probably get is that, no, it is not a good policy to wait out the market because sometimes, somewhere, somehow –

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1153105937963911172006-07-16T20:17:00.000-07:002006-07-16T20:13:36.760-07:00

Public confidence, the main governing variable of real estate and financial markets in North America, stems out from and finds its roots right in the center of Jerusalem.___________________________________________QUESTION: what do North-American real property owners have to do with the Middle East conflict? ANSWER: everything and anything they can possibly imagine.Fluctuations in the world

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1152849202798187672006-07-13T20:54:00.000-07:002006-07-13T20:55:12.780-07:00

Any real estate transaction involves a hidden cost that only shrewd investors factor into their offers. If they didn’t, they wouldn’t be shrewd investors.________________________________________Investment is a term that refers to the money used to buy capital assets, including real capital assets such as land, houses and buildings. Real capital assets are a special type of consumer goods, in that

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1152556984310533382006-07-10T10:34:00.000-07:002006-07-10T11:46:16.736-07:00

Changing subject for once. Reflections of an inveterate 'Azzuri' fan in the wake of the FIFA 2006 Championship Final. _______________________________________ Mes amis, my friends - I've got to hand it to you: you have a hell of a good team!Soccer is not only a wonderful game that unites millions of fans around the world, it is also a modern symbol of solidarity on account of its diversity -

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1152145845492197272006-07-05T17:36:00.000-07:002006-07-05T17:33:08.363-07:00

One segment of the industry where prices never drop._______________________________All real estate market participants, whether homeowners or investors, look at their purchases as an investment. Whether they feel it is the home of their dreams or a place that will generate a good rental income, property owners want to be able to sell it for more than they paid for. Preferably, for a lot more. It

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1151789770928308592006-07-01T17:28:00.000-07:002006-07-01T14:41:13.923-07:00

Spinning the little globe on my desk while in the process of writing this Article, I have come to the sudden realization that I am not going to invest my money anywhere else but in North America's a real estate – no matter what they say. Find out why._______________________________________________________Europe is pitiful, these days - economically speaking, that is.The European Union is far from

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1151538491657937192006-06-28T16:54:00.000-07:002006-06-28T16:58:19.696-07:00

As price of crude has topped the USD $70 per barrel landmark, will stock market woes spill into and affect the real estate market? ___________________________________________________ There are some real differences between the workings of the stock market and those of real estate. At its core the housing market, like the stock market, is all about supply and demand. However, the difference is

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1151256432952423662006-06-25T10:13:00.000-07:002006-06-25T10:30:37.496-07:00

BUYERS BEWARE! Sure signs that a house has been used for home-based marijuana growing operations.____________________________________________The number of marijuana grow-ops and drug seizures has dramatically increased over the last few years.There are many other serious community consequences associated with these crimes. Marijuana grow-ops are continuously linked to property crimes and crimes

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1151029489762217422006-06-22T19:21:00.000-07:002006-06-22T19:26:17.086-07:00

What was wrong with Silvio Berlusconi’s economic policy of lowering taxes and raising pensions?___________________________________________________Folks, Italian politics are a riot!. Trust me, I know - I’m Italian (well, used to be).There are in Italy some 22 political parties and affiliations of all colors, shapes and forms reflecting all lines of philosophical thinking and social doctrines ever

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0tag:blogger.com,1999:blog-12037266.post-1150736008380237352006-06-19T09:47:00.000-07:002006-06-28T16:29:30.480-07:00

The economic impact on the real estate industry of home-based marijuana growing operations._________________________________________________Here is another very good reason to quit smoking: home-based marijuana growing operations not only reduce the market value of the properties they are carried out into – they also inhibit market values of neighboring properties as well! This is so, because

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com2tag:blogger.com,1999:blog-12037266.post-1150392912013284952006-06-15T10:29:00.000-07:002006-06-15T10:37:54.980-07:00

A complete guide to HUD homes for sale.________________________There is a brand new complete HUD homes Buyer's Guide out there entitled ‘HUD HOMES FOR SALE', which I have been fortunate enough to be called upon to review. It is in the form of an e-book and authored by Frances Flynn Thorsen, a Real Estate Agent of 22 years and HUD specialist.This is the best guide covering the topic of HUD I have

Luigi Frascatihttp://www.blogger.com/profile/10624826023958662235noreply@blogger.com0