short answer: inflation.

Electricity rates are always going up, not just due to inflation but also an increase in demand from the grid.

Purchase price of home: $110kDown payment: 0%Inflated Renovation estimate: $70k Actual renovation estimate: $55-60k (estimate from GC.

While I do think that there should be boundaries on how much we should export versus what we import, outsourcing labor to different countries keeps prices low and inflation in check.

*class A neighborhood*min 3/2/2 with at least 1600sqft*at least $200 profit margin* no older than 8 -10 years unless already new systems*high turnover rent market*prefer 15% return based on amount invested*highly lever*forecasted appreciating market so it stay above inflation 

Yes prices are higher, but the average prices are inflated from out-of-state cash-rich high-income earners who don't flinch when someone quotes them $9,000 to install a French door (that's what I was recently quoted, if you can believe that).  

There are several criteria that a location must meet, and below are three of them:Rent growth must keep pace with inflation.

Not only is the limit likely not even half of what you need to rebuild based on the square footage but it looks like the policy has not been reviewed annually to ensure coverage is appropriate and factors in changes in the market (increased labor & materials costs, labor shortages, inflations impact on housing costs and so on) so i would be cautious as the $per square ft being used to calculate the limit is likely low also.2. 

There're few businesses that's inflation resistant like Legal Financing and such, so if real estate drops, you still income from other asset class.

My business partner and I are looking at a few properties in Paterson, NJ and we would like to get someones take on the overall real estate market as of today.My analysis:- Prices are heavily inflated due to the current sellers market but to my understanding.. the prices on houses in the area have been increasing over the past few years now. - An 'opportunity zone' for the state of New Jersey that has attracted small business investors and a large pool of real estate investors as well.- Most homes don't seem too developed... which leads me to think... appreciation is mostly because of the land the home sits on, not the home itself.- Playing to my last point, pretty competitive of market real estate (which can result into bidding wars on investment properties.)- Medium home value range is in the $340,000 range (My guess based off of a few deals I analyzed but would love to hear everyones thoughts!)