4 ms·
That seems like a slow, one-time correction given immigration and perhaps even before then, demographic shifts changing what types of houses are needed and boom
by lstamour 5y ago
That seems like a slow, one-time correction given immigration and perhaps even before then, demographic shifts changing what types of houses are needed and boomers retiring off the sale prices of their houses. Yes, things don’t normally go up forever, but it’s shocking how much things have gone up and continue to go up, in all financial asset classes. While renting is still seen as an option for many, there will be a market to buy houses (shrinking the “glut” to buy at the low) and pay a bit extra to then rent the house and make some money before selling it again. More interesting to me is whether business real estate will have any kind of dip, given recent work from home, but I also can’t see how that makes residential any less attractive for investment over the long run, unfortunately.