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Some of what you said is correct except prices are going down because of interest rates. Also high real estate prices have hurt other areas of the economy. An
by Mikeb85 4y ago
Some of what you said is correct except prices are going down because of interest rates.
Also high real estate prices have hurt other areas of the economy. And the demand is largely due to money laundering out of China, not fundamentals.
- ipaddr 4y agoIs the money laundering part of the fundamentals since it has been going on for so long