2 ms·
I don't care about past performance, I'm only looking at the future and unless there will be a future building boom in the cities to increase supply(spoiler ale
by ChuckNorris89 6y ago
I don't care about past performance, I'm only looking at the future and unless there will be a future building boom in the cities to increase supply(spoiler alert, it won't because a million reasons) and unless there will be a sharp drop in internal and external immigration to the cities with jobs, prices will keep rising.
- snidane 6y agoHave you exhausted all options for why prices will only increase? I can see a scenario in which inflation rises and increased mortgage rates deflate the current overvalued housing market.
- imtringued 6y agoIt's already rising in the US, if the central bank figures out how to meet the 2% goal year over year it will raise the interest rates in a few years. Probably not before 2024 though.