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My opinion is that we are not at the top of the housing market. People are realizing that it is not fun to live in dense areas. Local markets may ebb and flow,
by sushsjsuauahab 5y ago
My opinion is that we are not at the top of the housing market. People are realizing that it is not fun to live in dense areas.
Local markets may ebb and flow, but desirable houses will rise.
Phoenix is particularly dense and the house prices are cheap, which is why I believe Zillow sold them all-- they realized their actual profits weren't as good as what they projected.
- IIAOPSW 5y ago>People are realizing that it is not fun to live in dense areas. Sounds like you're assuming your personal preferences are the natural ones which "people" surely have by default.
- sushsjsuauahab 5y agoWhile I respect your opinion, I would argue that if we were to look at the data, it would show some level of shift in people's preferences for where they want to live.