3 ms·
That's what I meant by the correction - correction to pre COVID levels. The truth is there are many areas where prices have yet to correct to pre-COVID levels o
by uptownfunk 4y ago
That's what I meant by the correction - correction to pre COVID levels. The truth is there are many areas where prices have yet to correct to pre-COVID levels of price and growth. If this is driven by inflation then it may take some time (~5 years or so based on what I am reading elsewhere). If it doesn't then maybe this is a systemic increase due to the shift of high earners out of traditional HCOL areas (Bay area, NYC)