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Thank you. I came here to say exactly that. There is still an oversupply of houses from the housing bubble.
by jqm 12y ago
Thank you. I came here to say exactly that. There is still an oversupply of houses from the housing bubble.
- sseveran 12y agoThis is generally not true in areas that are desirable to live in. Lots of slack capacity has been removed from the market.
- jqm 12y agoDesirable is relative. I wouldn't live in SF for 3 times my current salary. It just isn't my thing and lifestyle is extremely important to me. Maybe you mean a few highly populated cities that are booming at the moment. If so, I'm sure you are correct on that point.