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Very curious if real estate can hold value in the hottest markets in the US, though. I recently moved from Denver, where housing prices doubled or even tripled
by dont__panic 4y ago
Very curious if real estate can hold value in the hottest markets in the US, though. I recently moved from Denver, where housing prices doubled or even tripled in the last couple of years. In the mountains of CO, there's places where prices quintupled.
I suspect that those price trends aren't sustainable, and have to deflate or stagnate at some point. In the LONG term, decreased immigration and birth rates in the US eventually have to result in lessened real estate demand. But that's probably going to happen on the order of decades, not months or years. Real estate in a lot of the US is at least a fairly stable investment (especially for wherever you want to live anyway!).