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A property's value doubling isn't a one-off event, it'd be widespread and continuous. That cheaper place's value will rise proportionally, and now they've the s
by yifanl 6y ago
A property's value doubling isn't a one-off event, it'd be widespread and continuous. That cheaper place's value will rise proportionally, and now they've the same problem, except with an overall lower quality of life now that they're living in a worse property.
- mdorazio 6y agoThis is demonstrably false if you look at property price trends across the US rather than just at the top cities.