4 ms·
That reminds me of the housing boom from 2003-2008. House values doubled or tripled in many areas. Then the financial crisis put a hurt on the housing industry.
by papermill 8y ago
That reminds me of the housing boom from 2003-2008. House values doubled or tripled in many areas. Then the financial crisis put a hurt on the housing industry. I can't help but feel that necessities like housing, food, transportation, etc shouldn't be speculation tools. Frankly, I think the housing, food, transportation, etc should decline in value, but that's another discussion altogether.
The "northeast" isn't much more affordable. I guess it depends on where in the northeast as the northeast is a big region, but housing values near NYC, Boston and even philadelphia has increased dramatically in the past 10 years.