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While people remain in denial about how nice it is to only have 2-3 months of livable outdoor weather a year, housing prices will always tell the truth
by fortuna86 4y ago
While people remain in denial about how nice it is to only have 2-3 months of livable outdoor weather a year, housing prices will always tell the truth
- disgruntledphd2 4y agoI think that property prices in Ireland, the UK and the Netherlands provide a neat counter example to your point.
- fortuna86 4y agoHousing prices everywhere have gone up, just not at the same rates. You can still find reasonable housing outside London, Dublin, etc.
- disgruntledphd2 4y agoOutside London yes. Outside Dublin not so much, unless you want to live on the other side of the country.
- vineyardmike 4y agoObviously not a fair example. Housing isn’t really a “market” that can be efficient at pricing in all information because it’s different for everyone (relatives, taxes, jobs, immigration, race, etc). The places you listed have milder weather, and far less sunshine than most of the US but they also have hundreds of years of extra history and development. Moving from the US to there has far higher friction cost than moving between states.
- TheCoelacanth 4y agoAll three of those have much milder winters than the US Midwest does.
- deleted 4y ago[deleted]