Not through direct ownership having much of an impact on the prices, but rents will go crazy if there is any shortage of rental property now in existence.
The fact that rents rise will drive up the price of RE indirectly, but not quite the same as if all those Casino workers were going to become home buyers. Some will, but the vast majority of them are Tenants at heart. Poor credit and poor financial habits for the most part.
L/O strategies will work nicely in that type of mix of clientele… How do I know…? Well, I used to sit in an area that was within 25 miles of 3 casinos… and I became familiar with their ilk… These folks will buy more cars than houses… and have difficulty qualifying for those, with much easier underwriting standards.
Casino to effect housing prices??? - Posted by XOFMOT
Posted by XOFMOT on February 21, 2004 at 19:00:46:
There is a VERY (and I mean VERY) good chance that a large casino will be established in my hometown within the next two years. What will this do to housing prices???
Casino can be a very iffy thing… - Posted by David Krulac
Posted by David Krulac on February 22, 2004 at 15:02:26:
I just read an article in alocal paper today about casinos “coming” to Brownsville, Pa. So investor has been buying up the downstown and riverfront property for about a decade in anticipation of casino gambling.
Only one problem, casino gambling is illegal in Pa. and the prospects are probably 50-50 at best. One survey had 80% of the people opposed to it.
The Art of Betting: Winning Tactics for Casino Games" is your essential guide to mastering casino games with strategic insight. UFABET เว็บตรง refers to the direct website access to UFABET, a well-known online platform for sports betting, live casino games, and other gambling services, allowing users to enjoy a secure and seamless experience without intermediaries. This book reveals winning tactics for popular games like blackjack, roulette, poker, and slots. Learn how to assess risks, manage your bankroll, and use betting systems to your advantage. Gain a deeper understanding of odds, patterns, and game mechanics to make informed decisions. Whether you’re a novice or experienced player, this guide helps you refine your skills and boost your chances of winning at the casino.