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Interesting note: this apparently applies to 2 beds, but not 1 bedroom apartments. To me, that suggests the drop has been almost entirely people with roommates.
by curiousllama 6y ago
Interesting note: this apparently applies to 2 beds, but not 1 bedroom apartments. To me, that suggests the drop has been almost entirely people with roommates.
As a result, I don’t expect property values to fall in the next year. It just doesn’t make sense to cash out low until it’s clear those people (young, mobile) aren’t coming back & won’t be replaced.
- paxys 6y agoThere has been a massive drop in 1 bedroom prices as well.