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If there wasn't an extreme housing shortage and expectations for it to continue long-term then such investors wouldn't be interested in the first place. It's a
by nerfhammer 11y ago
If there wasn't an extreme housing shortage and expectations for it to continue long-term then such investors wouldn't be interested in the first place. It's a symptom, and probably not much of a cause.
- myth_buster 11y agoWhat I meant was that the dynamics have changed. A local buying house is different from a non-resident buying the property solely as an investment. It gives off a different price signal.