Investors and employers do not like indecision. The passing of this legislation will certainly cause many employers to think before they hire another employee or offer broader health coverage to their current employees
The Health of Real Estate and How the new Health Bill will affect the real estate market With tonights passing of the Healthcare bill many people want to know if it will also affect the Health of Real Estate.
Many believe that since a decision has finally been made (like it or not) that much of the uncertainty about the profits in the investment market will be eliminated. Therefore, the Health of Real Estate could be affected as well. Some think that shares in healthcare stocks could have a quick rise in value.
It is certainly true that investors don't like indecision. So, while there are things in the Health Bill that will be a "mixed bag", Health of Real Estate can directly be affected by the decision. People who were waiting on a decision...any decision...will be ready to put some of their assets to work again.
The Health of Real Estate and How the new Health Bill will affect the real estate market is yet to be seen, but you can bet that housing will be a major topic this week as the statistics for February existing homes sales will be released on Tuesday and there will also be a report on Wednesday for the February new home sales.
The Health of Real Estate truly needs to be viewed carefully. The Health of Real Estate was one of the issues that led the country into this downturn and the Health of Real Estate will be one of the major factors that will lead us back!
Wallace S. Gibson, CPM * GIBSON MANAGEMENT GROUP, Ltd.
Central Virginia
LandlordWhisperer
View our available Charlottesville, Albemarle and Lake Monticello rental homes online with photos and floor plans
"...to be a Virginian, either by Birth, Marriage, Adoption, or even on one's Mother's side, is an Introduction to any State in the Union, a Passport to any Foreign Country, and a Benediction from the Almighty God...." Anonymous
Real estate is the only real property one can own - the value rises and falls but the property remains - still the safest investment until government takes over that as well -
Maybe this will happen. Employers who are faced with providing health insurance or being fined will stop giving raises to make sure they can pay for the insurance. Or the self employed person loses his gap coverage because of the new bill. How about the private insurer that goes out of business because of being forced to give pre existing coverage to new enrollees that abuse the system. And who is going to pay for the 30 million people that will immediately "catch up" their health care on the public dime? Nothing is free and we will be paying for lunch for decades to come.