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That is true. You must keep long term in mind tho. Long term all real estate prices have gone up and up with short term crashes. This is people needing to park
by BirAdam 5y ago
That is true. You must keep long term in mind tho. Long term all real estate prices have gone up and up with short term crashes. This is people needing to park money, which will eventually backfire when no one can afford the prices anymore.
- chii 5y ago> will eventually backfire when no one can afford the prices anymore. future people will be expected to be more productive than the past, and thus is able to afford the higher prices - at least that's the bet.