And here I thought the paranoia surrounding urban real estate prices over the past decade was bad (Remember the countless pieces about foreign investment dollar

And here I thought the paranoia surrounding urban real estate prices over the past decade was bad (Remember the countless pieces about foreign investment dollars, induced demand causing gentrification, empty condo buildings, et cetera?) Now urban money has started spilling out of major urban centers during covid, and demand for space has had a major uptick no less, so the rest of the country is experiencing a fraction of the insane price growth that major cities have seen for two straight decades. Yeah, it sucks. No, your "evil investment money" thesis is still wrong, or at best misleading. It's essentially supply and demand (added with some inflation and supply shocks), you can either hope demand goes down or your city can plan to add more supply. Those have only ever been the two options.