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Not sure how you got there, unless you mean that the new competition on the demand side (rich weekenders) has already been fully discounted by the market someho
by Nomentatus 9y ago
Not sure how you got there, unless you mean that the new competition on the demand side (rich weekenders) has already been fully discounted by the market somehow and the high prices are actually reflecting material cost rises the rest of us don't know about, say. In other words, I think you're gainsaying, and that doesn't help me figure it all out.
- dpark 9y ago“Overpriced” means the market will not bear the cost. That’s all it means. Most of these vacancies are accounted for in some way already (vacation property, rented but not yet occupied, etc). The article provides no evidence that the majority of the vacant properties are in any way overpriced.
- Nomentatus 9y agoNor need it.