Why Cooling Housing Prices Affect Commercial Investments
The most obvious beneficiary of booming housing prices and transactions was retail real estate, where owners of malls and shopping centers have seen valuations soar, along with retail receipts.
But the boom also has helped drive growth in industrial construction, particularly on the West Coast, to handle incoming goods from China. And it has bolstered office occupancies in hot residential markets as the mortgage business expanded.
Finally, the housing boom has whipsawed multifamily, first depressing occupancy rates as renters became owners and more recently boosting occupancy rates as the condo craze culled units from the rental inventory. From NREI .xt.
Many Real Estate Investors Overpaying Taxes
A major online real estate news service warned that most real estate investors fail to take advantage of recent changes to depreciation rates, resulting in overpayment of Federal Taxes.
