View Single Post
Old 07-06-2023, 06:51 AM   #23
thinkxingu
Senior Member
 
thinkxingu's Avatar
 
Join Date: Jul 2014
Posts: 5,982
Thanks: 1,154
Thanked 1,968 Times in 1,216 Posts
Default

Quote:
Originally Posted by ishoot308 View Post
That is a very good article that explains what is going on.Thanks for posting it!….As the article states the phoenix area is the epicenter of the collapse followed by the southwest. Won’t be long before more are affected up here…

Dan
The author also believes that vacation areas will be hit, too, but says the overall decline could be a positive thing as it will open up more buying opportunities in a very thin housing market.

As I mentioned above, I'm all for pulling homes out of investor/STR hands and putting them in the hands of committed owners/families. I think it's clear that that makes for better neighbors and neighborhoods.

Sent from my SM-S911U using Tapatalk
thinkxingu is offline   Reply With Quote
The Following 3 Users Say Thank You to thinkxingu For This Useful Post: