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Hoping for the FED raise interest rates and the zoning law prohibition to take its effect in CA, house supply to increase and tank the market.
by mgh2 5y ago
Hoping for the FED raise interest rates and the zoning law prohibition to take its effect in CA, house supply to increase and tank the market.
- new_realist 5y agoThat would be only temporary. Building more houses decreases prices like building more roads decreases traffic. It doesn’t. Humans are animals and, like any animal, will breed into any available habitat until it is full.
- almost_usual 5y agoOnly means older SFH in CA will get much more expensive, especially in HOA neighborhoods.