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It’s a worst case scenario for property values and they’re still going up. That’s a perfectly valid example.
by empath75 8y ago
It’s a worst case scenario for property values and they’re still going up. That’s a perfectly valid example.
- seibelj 8y agoMaybe they went to zero during the crisis and then went up? If they went down, perfectly valid to ignore them, no? I think we should exclude extreme examples in these debates. The data backing the arguments up are random at best
- TomMckenny 8y agoThey did not go to zero. They did not even go as low as 2009. The water crises started in Apr 2014 resulting in a brief drop of typical sized followed immediately next quarter by a record breaking rise to record high prices even though sales were low before it. http://www.city-data.com/housing/houses-Flint-Michigan.html http://www.city-data.com/housing/houses-Flint-Michigan.html