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> Areas with supporting high demand, But most people think that this is an accurate description of their local market, and I'm not so sure that it is.
by Kon-Peki 4y ago
> Areas with supporting high demand,
But most people think that this is an accurate description of their local market, and I'm not so sure that it is.
- tyjen 4y agoMost people don't know how to evaluate a market and are more short-sighted than they want to admit to themselves. It's reflected within entrepreneurship too, with ~50 percent failure within 5 years. Seattle: Severely limited land area mass surrounded by water with robust business sector. Single-family homes will become rarer across time with local pushes to develop multi-family domiciles. And, if you buy waterfront, your security increases substantially. Colorado Springs: Mountains impede development slightly with large military presence, but you can build suburban developments for as far as the eye can see in most directions. Prior to a slowdown, people see prices increasing and apply it too strongly to future results. But, one of these areas will be far more insulated from price fluctuations than the other.