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My first thought was, "This is terrible!" My second thought was "Hm...maybe this means I'll be able to afford a house after all."
by Nelkins 8y ago
My first thought was, "This is terrible!"
My second thought was "Hm...maybe this means I'll be able to afford a house after all."
- rconti 8y agoI have to admit, when buying a house in the bay area, this was one of my thoughts of the risks of how housing prices could fall. As the baby boom ages, downward pressure on housing markets and therefore housing costs. Whether that's enough to make up for influx of new people from elsewhere in the country and the world, who knows. And of course, many houses will just be inherited and turned into rental properties...