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re: Residential real estate price drivers
Posted on 5/26/21 at 5:47 am to garvatron
Posted on 5/26/21 at 5:47 am to garvatron
I saw a commentary on this yesterday who has been correct a lot of the time- What is occurring today is not a bubble and this is natural real estate growth. However, if this occurs for 2-3 year at the rate, yes, we will be in trouble. People can wait or use this increase equity/low rates and pay off credit card debt.
1
Posted on 5/26/21 at 9:16 am to TMFBB21
it can't be close to a bubble. there's not enough supply.
a bubble would imply: too much supply, weak demand
the supply side issues will take years to resolve but stout prob knows more about that
a bubble would imply: too much supply, weak demand
the supply side issues will take years to resolve but stout prob knows more about that
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