How Will the Japanese Earth Quake Affect Reno Home Prices?


What do you think the impact of the Japanese earthquake and tsunami would be for us here in Reno and the rest of the good old USA?

I have heard reports that building materials had recently taken a large jump in costs, and that was before the earthquake.

So, even though our real estate prices here in Reno are extremely depressed, don’t expect a lot of help from the Japanese disaster.   For that matter, this story suggests that the discounts that had previously been offered of Japanese autos has disappeared, and probably expect more in the future.

Update: I forgot the link.

http://www.bankrate.com/financing/cars/incentives-cut-on-japanese-cars/

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About rereno

Real estate investor
This entry was posted in Economy, Nevada, Real Estate and tagged , , , . Bookmark the permalink.

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