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Real Estate as a Food Chain Business? |
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Thursday, 28 August 2008 |
 Real estate is a food chain business, take one part out and it ripples through the marketplace. Even upper-bracket home sellers aren't protected from the basic first-time, new home owners. If the first-timer can't enter the market to acquire a home, then the move-up buyers who want to trade and purchase a more desirable home can't do so also!
Eventually with the move-up's hindered in neutral, even those desiring to make the closing move-up into the upper bracket home of their dreams are in a property pattern as well.
You need to understand that a win-win situation is required in a successful real estate chain.
‘A chain is only as tough as the weakest link’
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