Yes, but how much depends on how elastic supply is, which is always an important consideration with real estate. http://peakwatch.typepad.com/photos/research_i

Yes, but how much depends on how elastic supply is, which is always an important consideration with real estate. http://peakwatch.typepad.com/photos/research_images/fixed_supply_and_demand.jpg http://peakwatch.typepad.com/photos/research_images/fixed_su...